Supporting local school districts will avoid increased financial contributions through unique solution provided by ABM’s Bundled Energy Solutions Program
ABM (NYSE:ABM), a leading provider of integrated facility solutions, announced its ABM Building Solutions division is in the process of completing major renovations to the Fayette County Career & Technical Institute (FCCTI) in Uniontown, Pennsylvania. The project, scheduled to be completed by January 2013, is expected to provide Fayette County Career Technical Institute with $4.9 million in cost savings over the next 20 years. They will use these savings to make critical capital improvements to their facilities.
“Without the ABM Building Solutions team, we wouldn’t have been able to develop a financial solution that earned the approval of each supporting district,” said Dr. Edward Jeffreys, Executive Director of Fayette County Career & Technical Institute. “We’ve tried to implement these repairs for many years without success. With the technical and financial solutions we co-authored with ABM Building Solutions, I’m happy to share there will not be any increased contributions from the supporting districts to implement these necessary repairs.”
The school, originally constructed in 1965, was in need of significant repairs. In addition to replacing a deteriorating roof, the building will undergo other major renovations. New high-efficiency heating and cooling systems and building automation systems will allow the school to have more control over the building’s environmental systems. Through ABM’s Bundled Energy Solutions program, students will have a more comfortable and safe learning environment. Furthermore, the institute’s electrical capacity will nearly double, from 1600 AMPs to 3000 AMPs, which will allow for future technologies to be easily adopted. The energy savings and unique financial approach generated by the ABM’s Bundled Energy Solutions project will free up $4.9 million in capital for the school over the course of 20 years.
Kevin Kovak, Vice President of Service for ABM Building Solutions, explained, “There were many moving parts in developing a financial and technical solution to address the needs of the Fayette County Career & Technical Institute. Our team worked with the school boards of all four supporting school districts as well as the joint operating committee and authority board to ensure that every concern was addressed and each district’s financial contributions would not increase.”
Currently, Fayette County Career & Technical Institute has hundreds of students enrolled in the 15 diverse programs the school offers. Due to the savings that will be achieved, the school will be able to expand its program offerings and increase the institute’s value in the local community. For example, upon completion of the renovation project, the school will have the financial ability to offer a new class it has planned about the discovery of The Marcellus Shale Natural Gas Field Formation. Lying under two-thirds of Pennsylvania, The Marcellus Shale Natural Gas Field Formation is the largest on-shore natural gas reserve in the world. This class will allow the students to learn about the up and coming developments surrounding this discovery.
“Through our partnership with Fayette County Career & Technical Institute, we were able to provide the students a better learning environment by increasing the school’s efficiency, and ensuring the infrastructure is safe and sustainable,” said President of ABM Building & Energy Solutions Scott Giacobbe.
ABOUT ABM
ABM (NYSE:ABM) is a leading provider of integrated facility solutions. Thousands of commercial, industrial, government and retail clients outsource non-core functions to ABM for consistent quality service that meets their specialized facility needs. In addition to building solutions, ABM’s capabilities include commercial cleaning, maintenance and repair, HVAC, electrical, landscaping, parking and security, through stand-alone or integrated solutions. With revenues exceeding $4 billion and nearly 100,000 employees ABM delivers custom facility solutions across multiple industries. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.
ABOUT ABM BUILDING SOLUTIONS
ABM Building Solutions (union) and ABM Building Services (non-union) are operating units of ABM focused on optimizing buildings by providing cost effective energy-efficient solutions as well as mechanical service to educational institutions, municipalities, commercial office buildings, hospitals, data centers, and industrial facilities. Service and solution offerings include building design, equipment retrofits and replacements, commissioning and re-commissioning, proactive and preventive maintenance, controls, energy audits, measurement and verification, and energy management. Located in most major metropolitan cities across the U.S., ABM Building Solutions and ABM Building Services are premier providers of comprehensive sustainability and green solutions designed to help clients attain LEED and ENERGY STAR certification, lower energy usage and utility bills, and reduce carbon emissions.
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