ABM Projected to Save King William County Public Schools More Than $4.9 Million in Operating Costs
September 26 2019 - 8:00AM
ABM (NYSE:ABM), a leading provider of facility solutions, has
initiated an Energy Performance Contracting program for King
William County Public Schools, headquartered in King William,
Virginia. ABM's customized solution is projected to save King
William County Public Schools more than $4.9 million in energy and
operating costs over a 15-year period with additional ongoing
operational improvements provided by ABM’s custodial and
maintenance services. Revenue from savings is slated to address
longstanding infrastructure needs.
King William County Public School system
officials selected ABM to develop a customized solution to take a
long-term, comprehensive approach to upgrade the school district’s
infrastructure, as well as outsource its maintenance and custodial
services. The school district’s goals were to replace failing and
aging equipment, decrease energy and operations expenses, and avoid
upfront costs.
“ABM is proud to work with King William County
Schools to provide a financial solution to address their
infrastructure needs,” said Scott Giacobbe, ABM’s Chief Revenue
Officer. “We will help the school district uncover significant
energy and operational savings that can be used to positively
impact their students’ learning environment.”
Energy and operations savings are planned to be
achieved by implementing lighting, HVAC and control upgrades, and
water conservation throughout the school system’s facilities. The
upgrades are projected to save King William County Public Schools
more than $173,000 in energy and operating costs in the first year
alone. Savings are projected to climb during the life of the
15-year program, resulting in estimated savings of more than $4.9
million.
ABM also will provide daily maintenance and
custodial services for the four schools within the district that
total approximately 356,991 square feet and serve approximately
2,200 students.
“Our custodial services team is excited to
partner with King William,” said Mike Morris, President of ABM
Education. “By outsourcing to us, we can increase their cost
savings and provide a clean, healthy environment for teachers and
staff to work in and students to learn in.”
ABM's Energy Performance Contracting Program
will enable the school system to make facility 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. ABM works with more than 500 K-12
school systems, colleges and universities throughout the U.S. Click
here for a video on how ABM is providing facility and financial
solutions to school districts without upfront costs or tax
increases.
“ABM’s customized program will impact every
student in our schools by ensuring they have a safe and comfortable
learning environment,” said Superintendent David White. “This
solution provides King William County Public Schools with the
essential infrastructure updates to ensure our facilities are
operating efficiently for many years to come.”
Highlights of the project estimated to conclude
in 2020 include:
- Retrofitting lighting systems to energy-efficient LED lighting,
and replacing or retrofitting HVAC units, including 56 rooftop
units at King William High School, which will be controlled by
state-of-the-art HVAC control systems to maximize energy and
operational efficiency
- Installing building automation controls, allowing maintenance
officials to remotely monitor and quickly address maintenance
needs
- Replacing the roof at King William High School
- Installing cold plasma ionization systems to clean air
contaminants at King William High School and Acquinton Elementary
School
- Upgrading transformers at several facilities
- Installing water conservation measures at King William High
School
- Improving ventilation and outside air intake systems at several
facilities by sealing building envelopes to increase occupant
comfort, control humidity and drive energy savings
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ABOUT ABM
ABM (NYSE: ABM) is a leading provider of facility solutions with
revenues of approximately $6.4 billion and approximately 140,000
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:Kristy Miller(678)
268-4242kristy.miller@abm.com
Investor Relations and Treasury:Susie A.
Kim(212) 297-9721susie.kim@abm.com
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