According to the company, the energy savings performance contracts, awarded to 16 energy contractors, are intended to ensure quality design, implementation, operation and maintenance services for federal agency energy projects.

Each of these new Department of Energy (DOE) contracts, which have a minimum five-year term with the option to increase up to a total of 11 years, provides for a maximum individual contract value of $5 billion over the life of the contract. Federal agencies are allowed to use these contracts for federal facility energy efficiency projects, both nationally and internationally.

Jim Davis, president of Chevron Energy Solutions (CES), said: “We are pleased to be awarded one of the DOE’s master energy performance contracts. This contract is expected to allow CES to expand our partnership with federal agencies to help them become more energy efficient, use more renewable energy and achieve taxpayer savings.”

Chevron Energy Solutions claims to provide public institutions and businesses with environmentally sound projects that increase energy efficiency, reduce energy costs and ensure reliable, high-quality power for critical operations.