Specifications include, but are not limited to: The evaluation is intended to fulfill the statutory requirements that the Trust: (1) Arrange for an independent evaluation, at least once every 5 years, of each program that has an annual budget of more than $500,000, including an evaluation of the program’s effectiveness in achieving goals specified in the law governing the Trust (35-A MRSA section 10104, subsection 10), and (2) Monitor and evaluate the delivery of electric conservation programs and assess the costeffectiveness of programs. The primary objectives of the evaluation are to quantify and verify electric energy and demand savings, verify applicable non-electric energy impacts, and analyze program cost-effectiveness. Consistent with these objectives, the overall evaluation project will include an impact evaluation and a cost-benefit analysis, which are further described in section 3.2. The evaluation contractor must provide a rigorous evaluation of this initiative, consistent with available resources, and deliver timely information and results to the Trust. The evaluation contractor will be responsible for ensuring that the evaluation, measurement and verification of energy and demand savings conducted under this evaluation fully complies with all applicable requirements set forth in the “ISO New England Manual for Measurement and Verification of Demand Reduction Value from Demand Resources” (M-MVDR). 2 These include, but are not limited to, requirements for metering and measurement equipment, frequency and duration of metering and monitoring, and statistical significance and sampling precision. The Trust’s demand resources in the ISONE FCM are classified as “on-peak demand resources” and the Trust must measure, verify and report demand savings accordingly.3 Bidders should carefully review the M-MVDR and, in the proposal, provide evidence of their ability to meet these requirements. The contractor will be responsible for adhering to safety protocols and providing all necessary safety gear and training for site visits conducted as part of the program.