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MIAMI-DADE COUNTY · LOCALlocal legislation3-Day Rule
Local Impact

Approval of Energy Efficiency Contract for PortMiami

Original title: RESOLUTION APPROVING AND AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO EXECUTE AN ENERGY PERFORMANCE CONTRACT WITH HONEYWELL INTERNATIONAL INC. IN THE AGGREGATE AMOUNT OF $5,474,947.00, INCLUSIVE OF THIRD-PARTY FINANCING IN AN AMOUNT NOT TO EXCEED $5,085,433.00 AND OPERATION AND MAINTENANCE COSTS OF UP TO $389,503.00, WHICH WILL BE FINANCED THROUGH CONTRACTUALLY GUARANTEED COSTS SAVINGS TO IMPLEMENT ENERGY CONSERVATION MEASURES AT PORTMIAMI; APPROVING THIRD PARTY FINANCING FOR THE PROJECT AFTER PUBLIC HEARING AS REQUIRED BY SECTION 147(F) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED; AND WAIVING RESOLUTION NO. R-130-06 (Port of Miami)

Record date · May 8, 2018

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What This Bill Does

This resolution authorizes the County Mayor to enter into a $5.47 million with Honeywell International Inc. to implement energy-saving measures at PortMiami. The project costs will be covered by guaranteed energy savings and third-party financing.

Why it matters

The county is committing to a $5.47 million infrastructure project at PortMiami that will be paid for through future energy savings rather than upfront tax revenue.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Honeywell International Inc.

They are the primary contractor receiving the $5.47 million award to perform energy efficiency work.

Directly affected

PortMiami

The facility will undergo physical upgrades to its energy systems.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

How will the county pay for this $5.4 million project?
The project is financed through 'guaranteed cost savings,' meaning the energy savings generated by the new equipment are expected to cover the costs of the contract.
What is the role of Honeywell International Inc. in this project?
Honeywell is the contractor responsible for implementing the energy conservation measures at PortMiami.

What else do you want to know?

News Coverage

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Use of Performance Contracting

The county is utilizing a performance-based financing model to upgrade infrastructure at PortMiami without upfront capital expenditure.

PortMiamiHoneywell International Inc.

Connected Entities

Board of County Commissioners, Section 147(f) of the Internal Revenue Code, Honeywell International Inc. and 2 more
OrganizationBoard of County CommissionersMap →
otherSection 147(f) of the Internal Revenue Code“Federal tax code requirement necessitating a public hearing for third-party fina”Map →
OrganizationHoneywell International Inc.Map →
locationPortMiamiMap →
otherResolution No. R-130-06“A previous county resolution that is being waived for this contract.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100
  • Significance45
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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