Benefiting from an Infrastructure Utility
Convert problem infrastructure to modern and reliable so your team can focus on their core missions.
1
Identify your critical infrastructure challenges and sign a simple SP utility services agreement.
2
SP sources all the resources required to completely solve those challenges.
3
When satisfied, you approve and issue a Notice to Proceed.
4
SP oversees the delivery, installation, commissioning and your training. When satisfied, you issue a certificate of completion.
5
SP keeps the infrastructure maintained, reliable and modern while billing you for usage.
6
From day 1, you retain all the benefits of a higher quality operating environment, savings, rebates, incentive and increased facility valuations.
Important Considerations
SP – The Clear Alternative
A service procurement for SP allows you to avoid the complex, time consuming and expensive process of a purchase or public works infrastructure project. While all procurements need to carefully follow all applicable rules, procuring a utility agreement is very different than that required by EPC’s, PPP’s, PPA’s, UESC’s, PACE and all forms of multi-year contracting.
Use of the SP utility is financially flexible. On one asset, you may decide to do a bond, on another a grant, on another SP unsecured funds, use SP to match a grant or fill-in for an unexpected cost increase. Your master agreement with us does not change. We modernize your essential infrastructure and keep it continually maintained, reliable, safe and modern regardless of capital sourcing. SP’s assumption of ownership, responsibilities and risks, creates a clear alternative.
We can fund 0% to 100% of all costs including the ongoing monitoring, maintenance and replacements. Our simple service agreements give customers premium solutions with no cash outlay, required guarantees, security interests or collateral. Our platform can materially improve your balance sheets, operating costs and asset values. Your commitment is to pay for usage, capacity or availability rates pre-determined and agreed to prior to any work being done.
Term Length |
Cost is Usage Based |
Agreement Complexity |
Is it CAPEX? |
Continually Maintained in State of Good Repair |
Focus on Upgrades |
Penalties to Cancel |
Required Guarantees |
|
---|---|---|---|---|---|---|---|---|
Sustainability Partners LLC |
Monthly |
YES |
Simple 10 page |
NO |
YES |
YES |
NO |
NO |
Loan |
6-20 years |
NO |
Complex 15 page |
YES |
NO |
NO |
YES |
YES |
Lease |
6-10 years |
NO |
Complex 20 page |
YES |
NO |
NO |
YES |
YES |
Financing Agreement |
3-10 years |
NO |
Complex 25 page |
YES |
NO |
NO |
YES |
YES |
ESCO |
7-30 years |
NO |
Complex 120 page |
YES |
NO |
NO |
YES |
YES |
Ordinary Sharing Agreement |
10 years |
NO |
Average 7 page |
YES |
NO |
NO |
YES |
YES |