ABM to Save Oglethorpe County Schools in Georgia More than $9.4 Million in Operating Costs
June 20 2018 - 8:25AM
ABM (NYSE:ABM), a leading provider of facility solutions, has
initiated an Energy Performance Contracting program for Oglethorpe
County Schools in Lexington, Georgia. ABM's customized solution is
projected to save Oglethorpe County Schools more than $9.4 million
in energy and operating costs over a 20-year period, which the
school system will utilize to make facility upgrades, including the
creation of a performing arts classroom at Oglethorpe County High
School and improve its athletic facilities. The project launched on
May 1, 2018, and is scheduled for completion in April 2019.
Energy and operations savings will be achieved
by implementing lighting and HVAC upgrades at each of the school
system’s facilities.
"ABM’s Energy Performance Contracting program
allows the school system to upgrade their facilities with no
upfront costs, while creating significant savings," said Mark
Newsome, President of ABM Technical Solutions. "Oglethorpe County
Schools will be able to use these savings to upgrade facilities and
add a new performing arts center, which creates a positive impact
for their students and enhances their educational and
extracurricular opportunities."
The project will allow Oglethorpe County Schools
to make several vital upgrades to its athletic facilities.
Improvements will include the installation of LED lighting systems
at the Oglethorpe County High School’s baseball and softball fields
for the first time, which will allow the school to host its first
after-dark games. The project will also provide the funding for a
new track, new scoreboards with features for advertising
opportunities at the football and soccer stadium, and softball and
baseball fields, renovations to the home and visitors field houses
and concession stands, and repairs to bleachers.
The project will also afford the school system
the ability to build a large performing arts classroom by combining
two classrooms and installing new flooring, a ceiling and
relocating its existing electrical system.
Oglethorpe County School System planned to
postpone the upgrades until a bond had been paid in full in 2023.
After meeting with representatives from ABM, who customized a
solution to help meet their needs, school administrators realized
they would be able to use the savings to address their facility
needs immediately.
“This project is allowing Oglethorpe School
System to use capital funds available in the future, now to take
care of its facility needs,” Newsome said. “It is a vehicle to
allow the school system to address other needs above and beyond the
guaranteed savings.”
ABM's Energy Performance Contracting Program
will enable the school system to make these upgrades without
impacting its capital budget. The program is designed as a
financial solution to meet clients' technical facility needs and
sustainability goals. The goal is to drive costs out of a client's
operating budget, allowing savings to be reallocated to fund
mission critical facility needs. Click here for a video on how ABM
is providing facility and financial solutions to school districts
without upfront costs or tax increases.
“The customized solution ABM is delivering will
help us make several large infrastructure and capital upgrades
across the entire school system we may not have been able to fund
for several years,” said Beverley Levine, Superintendent of
Oglethorpe County School System. “ABM’s expertise provides us with
a financial solution to improve our students’ learning environment
and athletic facilities.”
Energy-efficiency enhancements will include:
- Retrofitting lighting systems to energy-efficient LED lighting
and Oglethorpe County High School, Oglethorpe County Middle School,
Oglethorpe County Elementary School, Oglethorpe County Primary
School, the Board of Education Center, Athletic Facilities,
Technology Center, and Maintenance and Transportation
facilities
- Upgrading all HVAC systems, including the replacement of seven
roof top units, six split systems, 17 packaged terminal units, two
mini split units and 71 wall-hung pump units at Oglethorpe County
High School
- All school system HVAC units will be controlled by
state-of-the-art HVAC control systems to maximize energy and
operational efficiency
- Ventilation systems at each of the school system's buildings
will be upgraded, and each building will be sealed
- The Oglethorpe County High School, Oglethorpe County Elementary
School, Family Connections and Maintenance facility roofing will be
repaired or upgraded
- Water conservation systems and hand dryers will be installed
across the entire school system
For more information on ABM's Energy Performance
Contracting Program and other offerings, visit www.abm.com.
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ABOUT ABM
ABM (NYSE:ABM) is a leading provider of facility solutions with
revenues of approximately $5.5 billion and more than 130,000
employees in 350+ offices throughout the United
States and various international locations. ABM's
comprehensive capabilities include janitorial, electrical &
lighting, energy solutions, facilities engineering, HVAC &
mechanical, landscape & turf, mission critical solutions and
parking, provided through stand-alone or integrated solutions. ABM
provides custom facility solutions in urban, suburban and rural
areas to properties of all sizes - from schools and commercial
buildings to hospitals, data centers, manufacturing plants and
airports. ABM Industries Incorporated, which operates through
its subsidiaries, was founded in 1909. For more information, visit
www.abm.com.
CONTACT
Media:Alex Varjan(212)
297-9737alex.varjan@abm.com
Investor & Media Relations:Susie A.
Choi(212) 297-9721susie.choi@abm.com
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