NACUBO Members Find Yet Another Reason to Go Green: Lower the Budget Pain of Deferred Maintenance Costs

SAN FRANCISCO, July 22 /PRNewswire/ -- College and university business leaders do not need to choose between greening their campuses and maintaining them. At the upcoming National Association of College and University Business Officers (NACUBO) annual conference, Chad Remboldt, educational consultant, Trane, and co-presenters will discuss how the University of Central Missouri developed a budget neutral master plan for implementing green initiatives and mitigating deferred maintenance issues.

Betty J. Roberts, who holds a doctorate in higher and adult education and is vice president for administration and finance at the University of Central Missouri, will lead the presentation with assistance from Remboldt and Santanu K. Nath, P.E., C.E.M., LEED AP, CxA, president of S&S Engineering, Inc.

In 2009, the university launched a 24-month, $36.1 million infrastructure upgrade project that is nearing completion. The improvements were designed to reduce energy consumption while significantly improving the learning environment. Administrators anticipate that selected energy conservation measures will reduce utility costs by nearly one-third while also decreasing greenhouse gas emissions by as much as 30 percent. The university is able to pay for the upgrades, in part, from energy-related savings.

The project includes $21 million in system replacements or upgrades to specifically address deferred maintenance. To mitigate future maintenance issues, the project includes a 15-year service agreement on major systems.

Presenters will address how to develop a financial business model for a comprehensive green initiative. They will also detail how to verify the success of a green and deferred maintenance master program by gathering necessary strategic resources and defining communication tools to create sustainability awareness and participation among students, faculty and staff.

Details of Chad Remboldt's presentation:

Title: Developing a Budget Neutral, Comprehensive, Green and Deferred Maintenance Program

When: Sunday, July 25, 9:45 a.m.

Where: Room 2003, Moscone West, 800 Howard Street, Room 2003, San Francisco, CA 94103

Conference website: http://www.nacuboannualmeeting.org/x13.xml

About the NACUBO Annual Conference

The National Association of College and University Business Officers is a membership organization representing more than 2,500 colleges, universities and higher education service providers across the country and around the world. NACUBO specifically represents chief business and financial officers through advocacy efforts, community service and professional development activities. The association's mission is to advance the economic viability and business practices of higher education institutions in fulfillment of their academic missions. This year's annual conference will build bridges between theory and practice to help attendees make their organization stronger. Conference attendees can visit representatives from Trane at booth # 842.

About Remboldt

Chad Remboldt is an educational consultant for Trane. With more than 13 years of experience, Remboldt has been involved in numerous energy conservation management projects for educational, industrial, healthcare and commercial facilities. He is a member of the United States Green Building Council and holds a Bachelor of Science in energy management with a minor in finance from Moorhead State University.

About Trane

Trane, a business of Ingersoll Rand - the world leader in creating and sustaining safe, comfortable and energy efficient environments - improves the performance of homes and buildings around the world. Trane solutions optimize indoor environments with a broad portfolio of energy efficient heating, ventilating and air conditioning systems, building and contracting services, parts support and advanced controls for homes and commercial buildings.  For more information, visit www.Trane.com.

About Ingersoll Rand

Ingersoll Rand (NYSE: IR) is a world leader in creating and sustaining safe, comfortable and efficient environments in commercial, residential and industrial markets. Our people and our family of brands—including Club Car®, Hussmann®, Ingersoll Rand®, Schlage®, Thermo King® and Trane® —work together to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and increase industrial productivity and efficiency. We are a $13 billion global business committed to sustainable business practices within our company and for our customers.  For more information, visit www.ingersollrand.com.

SOURCE Trane