001Are there any questions? That wasn't really set the bar really low. So, they're supposed to go back. And then that is the target. And once we start it, we do kind of initial pick off with the district. Let them know kind of lay out and then as we're going through it, if we are able to move faster, we'll let you know and update that pretty but we're going to try push ahead as fast of it. So we have to coordinate things like that. So that's really the tricky piece. think that'll impact and so do our best for heard. It's it's not this study is really just focused on the ventilation. Now, um, in order for me to get an accurate representation, I have to walk through a lot of buildings with a lot of contractors,
002most likely have my mechanical engineer walking through me at some point. And so, we will be collecting more information than that. Our primary focus is to get the deliverable for the quality study, but as we collect start coming up with the plan, that's kind of where I was saying that the goal is to kind of snowball effect that forward to Okay, that's a that's a great question. So um a typical pro process we'll say no grant sometimes they have grants we would invest that audit would have criteria that we want to follow that what's the maximum amount we want to spend on the project this much we want our maintenance operations we want to take it down to the number of things we kind of with that we would do basically that first 50% of
003design that would be a full detailed lighting audit go through look at every mechanical piece of equipment every figure out here's some options the terminology I like to use our Chevy Cadillac here's your options and what you can do how would you come up with that game plan with the district and then at the end of it we would have that shovel project or project however we want to publicly and that would kind of let be ready for a grant. The intention is I think as we're rolling we preund as much as we can and the the king specific which is a piece of that and I can go into that more if you want um is we can get a lot of that leg work done that way before a a bond or levies
004pass not spending money to develop a project that won't happen for a few years. really good example of that and we've had a lot of projects that we started developing. We got to that point early uh specifically I won't name the the client but it was a city client on a facility that they own happened and the whole shutdown happened about two weeks after we had finished our our department ready to go. Obviously that concentrates on discussion. We all know what happened prices in the next few years after that. And it really there was a lot of new work to do to get it in their original budget that they had. And so much as we want to power through to that, we want to make sure there's an incremental plan right after that. Make
005sure that we aren't burning money that we might have to work. Yeah. present that. Yeah. No, it's it's a great point. I think kind of as we get through this initial piece of it, we'll get more information. I wrote a report kind of on what we found. I think yeah. So, but where we kind of went through and we did kind of our first blush what we not really heavy pricing or anything like that. Just this is kind of what I'm thinking. Um, so we have a lot of that. Joe's helped us update a lot of that information recently, but we're definitely not starting from ground zero. So I just want to make that know there's a lot that we do and so I think we can roll forward but I think as we kind
006of get through this IQ start to look at more there we can talk and decide what level do you guys want right if you're happy with kind of the updating of that and going to be a details but no hard numbers or this is exactly what to do and this thing but we enough to have discussions come up with a high level budget you know like the grant we applied gener what level is that performance That's a little lighting. Every project should have a lighting a little bit. Okay. But you basically for this requirement buildings have to meet, right? In order to do that, they basically give you technically there's four paths. You can sell your building. You can pay the fine. You can do all of the work required to get to the target
007or they have what's called the investment. What that is is we do the level two audit of all items. That would be all the lighting, windows, and kind of full. Um we do hard to put a percentage on. Let's call like 20% kind of high level design. So, we come up with different options. We get contractor pricing and numbers on them. We put energy savings on and that kind of gives you a wide birth of what we're looking at. And effectively what the intention by the state is you bring all of that information forward and anything that pays for itself within the life of the equipment uh would then be required to do before your compine. So for the high school that compliance deadline starts July and so that's kind of that I ran open
008for that level two audit to get that level of information and from there it's not a very big step to get to that full and so that's kind of the level that we would get back and gathering a lot information knowledge of the building. Uh that'll give us a pretty good in that process until we start it. My hope is, you know, the bare minimum tell you what comes out of that audit. You need new controls and you need new lighting and maybe you have to do it. Maybe you don't work. Um, so we can do that really really cheaply and check the box or we stretch the funds to make sure that hey and it's also tell the story of why we would need to do this which can then be referenced back to
009when we apply. And so the idea is to kind of just continually build that project or potentially earlier but I should say that you there is some right if you're doing the work you're trying to do that you get to the audit this summer and you implement what you can but maybe you don't have a full year of utility bill you can apply for yeah and so there's I don't want to say your back there's options so there's been some some law has changed so Um it came out in 2020 and there was probably a threeyear period where there was probably the entire bill that luckily we're pretty Oh no. Similar to what you saw on Thank you. Transparency question. What kind of next step you I assess level you after that probably. Yeah, I
010would say at that point I think You've been trying nothing. So we have firechan my experience back also I You just don't have other companies that are first name. When does it come in and how do we get it? Thank you very much, gentlemen. [Applause]