EFTA Document EFTA01454620

RRP72 - Southern Financial Project Management Process Overview I he Partnership expects to source, develop, ouiid and manage projects by using experienced6,. high quality service providers who will be supervised by the Team at all stages'' 0 c in ar O Ce U <'tt I- Building Pre-profiling Project Engineering and Development Go/no-go - Letter of intent signed • 3rd party firms identify attractive project opportunities • Standardized information gathering to vet projects • Broad network of referral services - Facility managers - Consultants - Equipment manufacturers • Paid only for completed projects • Define screening criteria • Review proposals • Select projects to progress • Negotiate ESA letter of intent Construction - Project Committee Approval - ESA signed - Gross Max Price construction contract signed • Baseline energy audit • Engineering design (multi-step) and pricing • ESA financial modeling • Building owner alignment • Limited roster of experienced developers • 3rd party engineering assurance partner • Define underwriting criteria • Review interim milestones and authorize expenditures • Negotiate ESA contract • Propose deals for Project Committee approval - Project close out • Competitively bid trades • Award contracts • Project construction • Project commissioning and close out • Single construction manager oversees all trades and work • Guaranteed max price contracts • Owner's representative agent coordinates project specific items • Review/action reports on schedule, costs, and risks • Authorize payments • Manage change requests and owner concerns • Approve commissioning milestones and project close out Ongoing Active Energy Management and Invoicing • Building energy performance monitored and adjusted • Monthly invoices adjusted as per contract • Payment management • Customer care as required • Software-as-a-service strategic partner for AEM • Invoicing and utility bill management partner • Lockbox cost management partner • Establish requirements • Review/manage performance at property and portfolio levels • Identify opportunities to increase savings A F o i mai control points As referred to elsewhere in this presentation, the Team expects to contract with various third parties for purposes of providing sourcing. audit. engineering, design. commissioning. construction. installation, energy usage measurement and monitoring. and invoicing services to projects. Although the Partnership has identified likely thad.party service providers it intends to retain to provide these services. there can be no assurance that these serace providers will be available to the Partnership at a reasonable cost and/or for the team of the Partnership or that, if a particular service provider is not available for a particular project or is deemed not to be qualified for a particular project, adequate alternative service providers will be available at a reasonable cost Although the Partnership expects to apply these processes with respect to each of its projects, it may adjust. simplify, tailor or eliminate certain aspects of these processes in the context of particular projects based on project risk. complexity and cumulative Team experience. Deutsche Asset RREEF Retrofit Partners. L.P. For U.S. Person Clients of the U.S./Americas Key Client Partners Desk Only June 2014 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0112861 CONFIDENTIAL SDNY_GM_00259045 EFTA01454620