What does FPCC mean in UNCLASSIFIED

The Federal Performance Contracting Coalition (FPCC) is a non-profit organization that represents the interests of the performance contracting industry. FPCC members include energy service companies (ESCOs), equipment manufacturers, and other stakeholders in the performance contracting market. FPCC's mission is to promote the growth and development of the performance contracting industry and to educate policymakers and the public about the benefits of performance contracting.

Performance contracting is a contracting approach that allows government agencies to enter into contracts with private sector firms to implement energy efficiency and other improvement projects. The private sector firm assumes the upfront costs of the project and is paid back over time from the savings that are generated by the project. Performance contracts are typically structured so that the private sector firm guarantees that the project will achieve certain performance targets, such as a reduction in energy consumption or greenhouse gas emissions.

Performance contracting offers a number of benefits for government agencies, including:

• Reduced energy costs
• Improved energy efficiency
• Reduced greenhouse gas emissions
• Improved occupant comfort
• Enhanced building performance

Performance contracting can be a complex and challenging process. Some of the challenges that government agencies may face when implementing performance contracts include:

• Developing a clear and concise scope of work for the project
• Selecting a qualified private sector partner
• Negotiating a fair and equitable contract
• Monitoring the project's performance
• Ensuring that the project meets the expected performance targets

There are a number of resources available to help you learn more about performance contracting. The FPCC website (www.performancecontracting.org) is a good place to start. You can also contact the FPCC at [email protected].