Engineers are rethinking the standard engineering design paradigm, using lifecycle cost analysis (LCCA) to compare system alternatives that fulfill the same functional requirements but differ in terms of initial and operating costs.
Turner Construction Co. has been responsible for working on many notable buildings in Ohio and across the United States, including the Ohio State University Stadium renovation, the new patient tower of Nationwide Children's Hospital, and the Hilton Columbus Downtown.
With fluctuating energy prices, Loma Linda University searched for a cooling solution that would benefit the sprawling campus. Three different thermal energy storage systems were analyzed to find the best fit.
Today, many state institutions of higher learning and healthcare facilities face reduced budgets, aging infrastructure, and rising energy costs. According to the EPA, colleges and universities spend close to $2 billion each year on energy. These institutions are seeking innovative ways to renew facilities, improve energy efficiency, and reduce energy costs. One option gaining some renewed momentum is the Energy Savings Performance Contract (EPSC).
The procurement process used by the U.S. government (or its contractor) can follow one of several different paths. Usually, an equipment specification is written that contains performance criteria and other requirements. A solicitation is then released and potential sellers competitively bid for the work.