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Jul 31,2014

ABM to Reduce Energy and Operating Costs by $19M for Colquitt County Schools

Colquitt County Schools Select ABM's Bundled Energy Solutions Program to Help Positively Impact Students' Learning Environment and the Community

NEW YORK--(BUSINESS WIRE)-- ABM (NYSE:ABM), a leading provider of facility solutions, announced its ABM Building Solutions business has been selected by Colquitt County Schools in Moultrie, Georgia to implement district-wide, comprehensive infrastructure improvements through ABM's Bundled Energy Solutions program. The customized solution developed by ABM will provide energy efficient upgrades and facility enhancements to all fourteen schools within the county. The project, scheduled to begin in July, 2014 and be completed in June, 2016, is estimated to save $19 million in energy and operating costs over a 15-year period.

ABM's Bundled Energy Solutions Program is designed as a financial solution to meet clients' technical facility needs and sustainability goals. For ABM, the goal is to drive costs out of a client's operating budget, allowing savings to be reallocated to fund mission critical facility needs.

"We are proud to partner with ABM to not only make a difference in our district, but also our community as well," said Dr. Samuel DePaul, Superintendent for Colquitt County Schools. "The project helps to stabilize our budgeting efforts while supporting the district's goal of providing a safe and quality learning environment."

Energy and facility improvements will be made to the school district's ten elementary schools, two junior/middle schools, and two high school buildings. The comprehensive infrastructure upgrade includes replacing over 50% of the school district's HVAC equipment and installing centralized building controls with remote capabilities. In addition, other building enhancements will include lighting upgrades, building envelope improvements, power management, transformer upgrades, refrigeration optimization, and utilization of water conservation methods.

"We are thrilled to be working with Colquitt County Schools," said Scott Giacobbe President of ABM Building & Energy Solutions. "They are showing their community and fellow school systems that they are among the most forward thinking by investing now in the infrastructure to save even more each day in the future while improving the learning environment for both students and staff."

Overall, the project will generate more than $100,000 a year in general fund relief without any upfront costs and supply critical mechanical upgrades to the schools within the district. In addition, students, staff, and facility will benefit from improved lighting, indoor air quality and classroom temperatures throughout the buildings.

"Colquitt County School District's improved learning environment will deliver a setting conducive to better attendance rates and increased student achievement," said Tracy Price, ABM Executive Vice President. "ABM is proud to provide a financial solution that impacts over a fourth of the county's population and makes a substantial difference in the quality of the district's fourteen schools."

ABOUT ABM

ABM (NYSE: ABM) is a leading provider of facility solutions with revenues of approximately $4.8 billion and 110,000 employees in over 350 offices deployed throughout the United States and various international locations. ABM's comprehensive capabilities include facilities engineering, commercial cleaning, energy solutions, HVAC, electrical, landscaping, parking and security, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes — from schools and commercial buildings to hospitals, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.

Media/ABM:
Chas Strong, 770-953-5072
chas.strong@abm.com
or
Investors & Analysts:
David Farwell, 212-297-9792
dfarwell@abm.com

Source: ABM Industries

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