How much is the City investing in this project?

The improvements through this project equate to a $9.2 million investment in efficiency and smart-city technology. Over the course of 17 years, the City is guaranteed to save $15 million on electricity, water, and operational costs. The investment will be paid for using these savings over a 15-year term.

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1. What is Performance Contracting?
2. What are the benefits of this project?
3. What's an Investment Grade Audit?
4. Who is Siemens?
5. What is DFB's benefit to partnering with Siemens?
6. How does this project benefit residents and the community?
7. How much is the City investing in this project?
8. What improvements are included and where are they?
9. What is a Smart City?
10. Are there laws that define this style of procurement?