What is Performance Contracting?

Performance Contracting (PC) is an effective and proven method for addressing capital improvement projects without an upfront cost. PC is a procurement tool that allows agencies to leverage the savings gained from making facilities more efficient to pay for those improvements. The City of Deerfield Beach identified the need for efficiency and infrastructure improvements and PC as a solution to this need.

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1. What is Performance Contracting?
2. What are the benefits of this project?
3. What's an Investment Grade Audit?
4. Who is Siemens?
5. What is DFB's benefit to partnering with Siemens?
6. How does this project benefit residents and the community?
7. How much is the City investing in this project?
8. What improvements are included and where are they?
9. What is a Smart City?
10. Are there laws that define this style of procurement?