Beginning in 2007 Colorado Mesa University located in Grand Junction, Colorado began investing in geothermal
technology to heat and cool buildings and supplement hot water across its campus. This investment was predicated on
lessening its carbon footprint as well as lowering energy expenses, ultimately lowering tuition costs for current and
future students.
Scope of Work
Anticipated Scope of Work:
Provide §48 tax qualification memo to also include written guidance determining whether the State of Colorado’s $6
million project funding is eligible for ITC or if excess benefit rules limit any tax credit to the University’s cash
contribution. Refer to attached reference material.
Provide Cost segregation analysis for applicable FYE June 30, 2025, energy properties and integral components (of the
building's heating and/or cooling system with central loop connectivity).
Provide assessment of prevailing wage, apprenticeship, and domestic content opportunities and compliance for already
completed, or expected to be completed projects through FYE June 30, 2025.