$4B for Improved Building Energy Efficiency – Obama’s Better Buildings Initiative – Perfect for Job Order Contracting – JOC


Efficient construction project delivery is needed to meet building efficiency targets.  While there have been several attempts to address sustainability and the built environment, the lack of efficient project delivery has impacted progress.

Job Order Contracting / JOC – is an efficient integrated project delivery methods that focuses upon collaboration and longer term relationships between Owners and Contracting, resulting in higher productivity and greater transparency.   It’s time that JOC be implemented Agency-wide throughout the Federal Sector.

President Obama’s Better Buildings Initiative is part of a vision for winning the future by catalyzing a homegrown, clean energy economy in the United States. The Better Buildings Initiative set a national target of improving energy efficiency in commercial buildings by 20 percent by 2020.

Job Order Contracting Process - Deployed via Technology

Achieving the President’s goal will reduce energy bills for American businesses by approximately $40 billion per year. Improving energy efficiency in our nation’s buildings can create good paying jobs in the construction industry.  The Political Economy Research Institute (PERI) at the University of Massachusetts Amherst supported by the Real Estate Roundtable and U.S. Green Buildings Council estimated a potential of 114,000 jobs associated with implementing the Better Buildings Initiative.

It is a trifecta, which is why you’ve got labor and business behind it. It could save our businesses up to $40 billion a year on their energy bills – money better spent growing and hiring new workers. It would boost manufacturing of energy-efficient materials. And when millions of construction workers have found themselves out of work since the housing bubble burst, it will put them back to work doing the work that America needs done. So this is an idea whose time has come. – President Obama

President Obama directed all Federal agencies to make at least $2 billion worth of energy efficiency upgrades over the next two months. Additionally, 60 private companies, hospitals, cities, states, colleges, and universities, among others, have collectively committed another $2 billion in energy efficiency retrofits to 1.6 billion square feet of property.

Goal of improving energy efficiency in commercial buildings by 20 percent by 2020. The initiative will reduce energy bills for businesses by $40 billion per year, and one report found it could create up to 114,000 jobs.
The Better Buildings Challenge is the public-private partnership component of President Obama’s Better Buildings Initiative. The Challenge seeks to catalyze private sector investment and has attracted business and community leaders who are committed to supporting innovative ideas with action, sharing their successes, and creating solutions for others to follow.  TheClinton Global Initiative (CGI) America, former President Clinton, Secretary Chu and Laura Tyson from the President’s Jobs Council announced an initial set of commitments totaling 300+ million square feet and $500+ million in financing support. The President announced commitments totaling 1.6 billion square feet and nearly $2 billion in financing support for building energy upgrades. This includes: Commitments from [60] Major CEOs, Universities, Mayors, Labor Leaders and Others – corporations, hospitals, financial institutions, cities and states, colleges and universities.

Data from the Department of Energy reveals a tremendous potential for efficiency investment opportunities in Federal buildings with less than 10-year paybacks. The Presidential Memorandum also directs Federal agencies to complete evaluations to identify specific energy conservation measures, including estimated cost and return on investment to prioritize and implement those energy conservation measures with the best payback, and to provide transparency and accountability through public reporting of results.

via http://www.4Clicks.com, premier software for efficient construction project delivery – visual cost estimating and project management for JOC, IPD, SABER, SATOC, IDIQ, MATOC, MACC, POCA, BOA

 

 

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