Business Advisory Services
Performance contract reviews
Gain Security While Going Green
D
ue to rising energy costs and growing environmental concerns, a multi-billion dollar industry has been developed using the Performance Contracting process. These financed investments providing guaranteed savings has enabled many building owners a viable method to retrofit their buildings with energy efficient, renewable, and environmentally responsible systems. However, the financial checks and balances within the performance contracting industry has not kept pace with this explosive growth.
their large and many times multimillion dollar investments have been applied as per the margin and fee commitments promised during the up-front RFP selection process. In addition, the third party finance company’s position can be compromised if the initial investment and resulting energy savings returns are not realized and/or independently assessed.
cost effectIve solutIons
For Energy Savings Performance Contracts (ESPCs) that have already completed the construction process, we provide a shared return with the client out of potential refunds creating a risk free position throughout the investigation process. Our consulting services assure clients that all areas of the Performance Contracting fees are applied correctly during the project development, technical audit, contract negotiation, or construction phases. We also provide a variety of ongoing or annual services during the post retrofit period and throughout the measurement and verification steps to provide independent and ongoing assurance to building owners.
Independent AssurAnce
Energy Service Company (ESCO) clients who have utilized or leveraged their future energy budgets to fund the up-front energy conservation projects deserve to know that their investment into energy savings projects have been allocated correctly and appropriately. HEIN & ASSOCIATES LLP offers independent, third-party reviews of Performance Contracting projects by ESCOs, making certain that you are getting the best value and highest return on your project investment.
MAke the Best choIce
At HEIN & ASSOCIATES LLP, we strive to ensure you are getting the best possible value for your energy investment. No matter where you are in the Performance Contracting process, we provide assurance that the dollars spent on energy savings measures are invested wisely. With our customized solutions, you can proceed securely with any independent ESCO contract.
rIsk preventIon
Public institutions and building owners have a fiduciary responsibility to taxpayers and constituents that
“When you talk to the HEIN team, you are talking to competent professionals who use business judgment and reason. They have a high level of competency and deliver fantastic service.”
— Gary Gatchell, CFO, Ascent Solar Technology
www.heincpa.com
our locAtIons
Denver
servIces offered
HEIN & ASSOCIATES LLP offers you the expertise you need in a challenging business
717 17th Street 16th Floor Denver, Colorado 80202 Telephone: 303-298-9600 Fax: 303-298-8118
environment. Many of our professionals, have served as directors, board members and in other corporate positions, having been on “both sides of the desk.” They understand the value that companies seek. Following are some of the services that we provide in regards to Performance Contract Reviews.
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Energy Service Company (ESCO) Project Forensic, Reviews & Consulting Construction Phase Contract Consulting Services (cost, fees, markup, profit) Savings Measurement & Verification (M&V) Contract Consulting Ongoing Guarantee Services
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ESPC Project Energy Conservation Measure (ECM) Calculations & Protocol Ongoing Savings - Third Party Savings Verification (performance assurance reviews) Engineering/Design/Development Contract Cost & Margin Evaluations Federal, State Agency, and Local Government Consulting Services
Houston
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500 Dallas Street Suite 2900 Houston, Texas 77002 Telephone: 713-850-9814 Fax: 713-850-0725
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Dallas
14755 Preston Road Suite 320 Dallas, Texas 75254 Telephone: 972-458-2296 Fax: 972-788-4943
soutHern california
2010 Main Street Suite 1000 Irvine, California 92614 Telephone: 949-428-0288 Fax: 949-428-0280
ABout HEIN & ASSOCIATES LLP
Founded in 1977, HEIN & ASSOCIATES LLP is a full-service accounting and business advisory firm. Top notch professionals and a collaborative, team-based approach have allowed us to grow into one of the top firms in the nation. Our most important resource — our people — are located in Denver, Houston, Dallas, and Southern California. With diverse professional backgrounds and a broad range of experience, our business advisors offer an extra dimension of service. We work with you to provide effective solutions that meet your business needs.
InternAtIonAl cApABIlItIes
www.heincpa.com
Our capabilities include international planning, advisory and compliance for both domestic and foreign businesses around the world. H&A is a member of one of the largest associations of independent accounting and consulting firms in the world. No matter where your business takes you, we have the resources worldwide to meet your needs.