Good up-front planning and risk analysis is a key part of any successful energy saving scheme. EEVS advice will help ensure your scheme gets off to the very best start and is built for long-term success.
What we do
During project set up EEVS acts as your expert advisor – helping you to specify and procure a well-structured, performance-driven scheme that will deliver proven energy savings and financial returns.
As specialists in performance analytics – and evaluating associated risk – EEVS provides the essential technical know-how needed to:
- Fairly evaluate competing supplier bids
- Confidently lead supplier negotiations and improve commercial terms
- Sign strong, performance-driven deals that represent good value for money
- Hold suppliers to account for their performance claims.
Why seek EEVS support?
Energy saving schemes are often technically complex and can carry significant financial and commercial risks.
Perhaps most notably, the business case for a scheme – and an organisation’s decision to invest in it – will necessarily be based on supplier estimates of the energy savings that are expected. But what if the actual savings (once the project has been delivered) turn out to be much lower? Financial payback and value-for-money metrics – as well as an organisation’s propensity to invest further – will all be negatively impacted.
EEVS helps clients avoid these pitfalls, ensuring that these key risks are well-managed and understood ahead of a final investment decision. As part of a technical due diligence process, EEVS routinely scrutinses and challenges:
- How a supplier has calculated their energy saving estimates
- How the actual savings will be determined once the scheme has been implemented, and;
- The robustness of any safeguards offered to mitigate performance risk (e.g. savings guarantees).
It’s one thing for suppliers to post impressive, tender-winning, saving projections; it’s another for these claims to be backed up by robust performance measurement processes that can withstand scrutiny and return a credible view of the actual savings achieved once the scheme has been delivered.
Ian Jeffries | Managing Director, EEVS
How we can help
We typically focus our advisory services on the following key elements of the procurement process:
- Tender specifications – embedding robust performance requirements from the outset
- Supplier Bids – technical support to evaluate and rank competing bids and tender responses
- Investment proposals – scrutinising a preferred bidder’s full offer and contract terms
- Measurement & Verification Plan (M&V Plan) – improving this key document which sets out how actual savings will be measured, verified and reported.
- Performance-related mechanisms – reviewing any proposed risk mitigation and incentive structures (e.g. savings guarantees, gain share mechanisms).
- Supplier management – governance processes to help improve collaboration and keep all parties on track once contracts are signed
To learn more about EEVS services and how we’ve delivered them for a range of public and private sector clients, please see our case study examples:
If you would like to know more about EEVS advisory services, please complete this form and we’ll get back to you.