PublicPrivate Partnerships Investing in our InfrastructureLong Beach Court BuildingSocial Infrastructure P3Design build finance operate and maintain3 year construction 35 years operationIncludes car p ID: 860872
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1 PublicPrivate Partnerships: Investing in
PublicPrivate Partnerships: Investing in our InfrastructureJames FujaDirector Performance Based InfrastructureJohnson Controls, Inc.James.M.Fuja@jci.com PublicPrivate Partnerships: Investing in our InfrastructureLong Beach Court BuildingSocial Infrastructure P3Design, build, finance, operate and maintain~3 year construction, 35 years operationIncludes car park operation and commercial/re
2 tail leasingStrong public counterparties
tail leasingStrong public counterpartiesJudicial Council of California (AOC): PBI counterpartyLA County: major lease counterparty PublicPrivate Partnerships: Investing in our InfrastructureLong Beach Court BuildingProject DeliverablesCourtrooms: 31Overall Bldg: 531,000 GSFCourt Space: 416,000 GSFCounty/Commercial: 105,000 GSFConstruction Cost: $300,000,000 (approx.)Start: January 2011 Occ
3 upancy September PublicPrivate Partners
upancy September PublicPrivate Partnerships: Investing in our InfrastructureLong Beach Court BuildingSocial Infrastructure Risk Transfer PublicPrivate Partnerships: Investing in our InfrastructureLong Beach Court BuildingOperations Period Risk TransferFacility Management CostsHard and/or Soft Services + Ancillary ServicesFixed for term with CPI IndexEnergy Consumption GuaranteesEither Da
4 y 1 or BeddingIn Period GuaranteesPainsh
y 1 or BeddingIn Period GuaranteesPainshareGainshareconceptsLife Cycle Replacement CostsGuaranteed for Contract TermIncludes Timing RiskHand back Condition accountabilityImproved Service DeliveryService Penalties ensure ongoing operationsPayments based on Availability Maintain Life Cycle Energy Repair PublicPrivate Partnerships: Investing in our InfrastructureService Payment DeductionsKey
5 Performance IndicatorsCalls Responded t
Performance IndicatorsCalls Responded to in 15 minutesof Scheduled PMs CompletedAsset Value maintained above thresholdAvailability ConceptFacility Maintained in Required tolerancesLinked Functional UnitsExample:Prisoner elevator is downElevator serves holding cells between courtrooms4 floors are affectedspace is unavailable for 5hrsholding cells and all linked space all unavailable. Per
6 iods Unavailable(2 hr period)Floors Affe
iods Unavailable(2 hr period)Floors AffectedfloorsFunctional Unit # of Units / floor Unit Deduction Total Deduction Courtrooms$6,144Holding Cells$5,376Interview Rooms$1,536Attorney/Client Room$3,072Elevator Unavailability Penalty$5,000Total21,128 PublicPrivate Partnerships: Investing in our InfrastructureGuaranteed Asset ConditionExpiry Conditions at the end of Operating Term Third party
7 inspection to determine if action is nee
inspection to determine if action is needed to bring the Project up to Hand back Requirement standardsIndustry standard measurement, Facility Condition Index FCI used to quantify the asset conditionLong Beach Court House a FCI of .15 is mandatedHand back to Public Sector allows risk transfer with the confidence that there is plenty of useful life remaining in the equipment and building sy