Specifications include, but are not limited to: NERGY SAVINGS PERFORMANCE CONTRACT PROJECT PHASES 1. Investment Grade Audit and Project Proposal Phase To the extent that terms are not established and agreed to as set forth in Appendix H and Appendix H-1, the University and ESCO shall enter into good faith negotiations for an Investment Grade Audit and Project Proposal Contract for Phase 1 after Notice of Award to the Contractor. The University and Respondent agree to and agree that any such Contract shall include the terms set forth in Appendix H and Appendix H-1. The University and ESCO shall execute an Investment Grade Audit and Project Proposal Contract prior to commencement of the Investment Grade Audit phase. 2. Construction/Implementation/Commissioning/Financing Phase Following the University’s determination of successful completion and acceptance of the Investment Grade Audit and Project Proposal Contract for Phase 1, the University and ESCO may enter into good faith negotiations for an Energy Savings Performance Contract for Phase 1. The University and Respondent agree to and agree that any such Energy Savings Performance Contract shall include the terms set forth in Appendix H and Appendix H-2. Under the Energy Savings Performance Contract for Phase 1, the Contractor shall be required to execute the Savings Measurement & Verification (M&V) plan developed and approved in the Investment Grade Audit per the most recent IPMVP guidelines for MV of annual guaranteed savings.