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CONTRACT VEHICLES
Get the support you need to fund your project with contracts that allow you flexibility for financing. Boland will work with you to find your best solution.
General Services Administration (GSA) Contracts
General Services Administration (GSA) Contracts
GSA Schedule Contracts were developed to assist federal employees in purchasing products and services; they contain pre-negotiated prices, delivery terms, warranties, and other terms and conditions which streamline the buying process.
Services and products available for purchase are:
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HVAC Maintenance Contracts
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Energy Management Services
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Energy Management Equipment
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Energy Management Parts​
Chemicals
Blanket Purchase Agreement (BPA)
A blanket purchase agreement (BPA) is a simplified acquisition method that government agencies use to fill anticipated repetitive needs for supplies or services. Essentially, BPAs are like "charge accounts" set up with trusted suppliers.
BPAs help trim the red tape associated with repetitive purchasing. Once set up, repeat purchases are easy for both sides.
US Communities
US Communities
Trane is the official partner for HVAC Products, Installation, Related Products, and Services with US Communities - the leading national cooperative purchasing program.
Healthcare Group Purchasing Organizations
Healthcare Group Purchasing Organizations
Healthcare Group Purchasing Organizations help healthcare providers realize savings and efficiencies by aggregating and leveraging purchasing volume to negotiate discounts with distributors, manufacturers, and other vendors.
Energy Savings Performance Contracting (ESPC)
Energy Savings Performance Contracting (ESPC)
Energy Savings Performance Contracting (ESPC) will save money for your business through efficiency upgrades, minimizing or eliminating the need for capital expenditures, and essentially paying for the project.
INCENTIVES
Get the support you need to fund your project with contracts that allow you flexibility for financing. Boland will work with you to find your best solution.
Utility Incentives
Utility Incentives
The utility incentives for BGE, Dominion, PEPCO,
Potomac Edison and SMECO are updated.
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BGE
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PEPCO
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Dominion
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Potomac Edison
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SMECO
Qualifying Energy Conservation Bonds (QECBs)
Qualifying Energy Conservation Bonds (QECBs)
An option for governmental and non-profit entities with bond issuance authority, QECBs are qualified tax credit bonds in which the bond issuer only pays back the principal (face value) of the bond and the bondholder receives a federal tax credit.
PACE
PACE
Maryland, Virginia, and Washington DC PACE requires 0% down and allows long payback periods. Owners also get full realization of tax credits - including solar ITC and accelerated depreciation benefits. Talk to us about availability in your location!
Incentives in Maryland
Incentives in Maryland
Energy Tax Incentives, Grants, & Loans for Maryland
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Maryland Businesses, non-profits, and government entities may qualify for energy efficiency loans.
Incentives in Virginia
Incentives in Virginia
Energy Tax Incentives for Virginia
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Virginia has grants, rebates, tax credits, tax deductions, and utility incentives available for businesses and government agencies that adopt energy-efficiency measures.
Incentives in Washington DC
Incentives in Washington DC
Energy Rebates for DC
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Helps healthcare providers realize savings and efficiencies by aggregating and leveraging purchasing volume to negotiate discounts with manufacturers, distributors, and other vendors.
FINANCING
Our experienced bank partners are knowledgeable in the facility/energy efficiency arena and can help you explore numerous financing options, including:
Equipment Capital Lease
Equipment Capital Lease
An equipment Capital lease is an agreement in which one party (the lessor) gives the other party (the lessee) the right to have and use (but not own) the lessors equipment for a period greater than one year. Equipment purchased under a capital lease are capitalized and depreciated on a company’s financial statement. Payments are typically made monthly and have an interest expense component.
There are companies that specifically offer Equipment Leasing options. Banks will also offer equipment financing.
Equipment Operating Lease
Equipment Operating Lease
An equipment Operating lease is an agreement in which one party (the lessor) gives the other party (the lessee) the right to have and use (but not own) the lessors equipment for a certain period of one year or less. Operating lease payments, which are usually made monthly, are treated as an operating expense.
Equipment Line of Credit
Equipment Line of Credit
An equipment line of credit is the use of a loan to purchase significant assets for a business (such as an HVAC system). Under a line of credit, funds are drawn as needed and repaid like a loan (principal plus interest).
Boland Credit Application
Boland Credit Application
Trane Credit Application
Trane Credit Application
Tax Exempt Lease
Tax Exempt Lease
A tax exempt leasing agreement is offered to municipalities or qualified political subdivisions. Because the lessor does not paid income tax on the interest earned, the tax exempt lease carries a much lower interest rate than other types of leases and installment loans.