November 2012 - FDA White Oak Campus receives 2012 Infrastructure Award from National Council for Public-Private Partnerships
Novemeber 2012 – The National Council for Public-Private Partnerships (NCPPP) has named the Federal Research Center at White Oak as the recipient of its 2012 Public-Private Partnership Infrastructure Award. The Federal Research Center at White Oak is a partnership between the Food and Drug Administration (FDA), the U.S. General Services Administration (GSA), and Honeywell Building Solutions (Honeywell). The project is a state-of-the-art 3.9 million square foot, $1.5 billion FDA office and laboratory campus built by GSA in partnership with Honeywell.
As part of the project, Bostonia Group provided over $200 million in third-party financing for the expansion of the Combined Heat and Power/Cogeneration Central Utility Plant on the campus. Bostonia utilized the Energy Savings Performance Contract (ESPC) between GSA and Honeywell – the largest ESPC completed under the DOE program – in order to execute the third-party financing in the private placement market. The expansion of the Central Utility Plant supports the heating and cooling loads of the facilities constructed in the earlier phases and is capable of producing up to 20MW of electricity, 6,000 tons of cooling, 112 MMBtu/hr of heating, and sufficient process steam to meet a 35,700 pph requirement. The utilization of the PPP and ESPC is estimated to create more than $200 million in government savings over 20 years, according to a Public Service Comparator analysis.
For more information on the Public-Private Partnership at the Federal Research Center at White Oak, please see the case study on White Oak in the NCPPP white paper, "Testing Traditions". For more information on the ESPC Success Story, please see the case study by the Federal Energy Management Program.