For Nova’s Energy Efficiency Division, experience has shown that thorough documentation and staff training on new HVAC equipment is critical to achieving and maintaining savings. We strongly recommend this service to owners of new major equipment systems.
A major non-profit owner/operator of affordable multifamily housing commissioned through Nova the installation of 13 new boilers and associated controls and distribution. Following the site investigation and corrective action phase, the owner engaged Nova to create a building operator manual. The manual details critical operational ...
In Nova’s March newsletter, Greg Murphy, Vice President of Nova’s Capital Markets Group, commented on the recent changes at Fannie Mae and Freddie Mac. Since that time, the new Freddie Mac PCR requirements (Freddie Mac Multifamily Seller/Servicer Guide, Chapter 14) were released on April 30th, 2015. Of significance are a new repair category, revisions to electrical system requirements, and a new Form 1105. These are further discussed below.
New Priority Repair Category
A new category of Priority Repair was introduced, PR-90. Any Priority ...
Nova is pleased to announce the addition of Robert Hird to our senior leadership team as the new chief operations officer for the company. Robert has stepped into the role that was until recently held by Tom Warn. Due to the growth and success of Nova’s equity markets support services, Tom has shifted his focus and leadership skills to the role as senior vice president of our Equity Markets Group. Tom will be responsible for organizing and growing the equity line ...
In order to help our clients determine the design wind load for a particular property, Nova has created a wind load map (see link to wind map). The map is based on the ASCE 7-05 Basic Wind Speed maps of the United States. Currently the ASCE 7-05 wind maps are adopted as part of most current building codes. A newer version of the map, ASCE 7-10, has not yet been adopted as part of the current building codes.
The colored areas of ...
In order to help our clients determine if a seismic evaluation is required for a particular property, Nova has created a seismic map (see link to seismic maps). The map is based on the USGS Seismic Zone Map of the United States. Typically, properties that fall within the seismic map zones 3 and 4 require a seismic evaluation to determine if seismic insurance is required.
Currently the ASTM subcommittee E06.25 WK 41335 is charged with updating the standard. It has completed its ...
More than 250 organizations have joined the Department of Energy’s Better Buildings Challenge, representing 3.5 billion square feet of commercial and industrial real estate. This program offers technical support and recognition for organizations that commit to reducing energy consumed in their buildings by 20% or more over 10 years. Better Buildings Challenge partners agree to:
Conduct an assessment of the energy consumption of their portfolio
Take Action by implementing a plan to reduce energy consumption
Report results by reporting performance data and sharing best ...
Emergency Backup Electrical Generators, especially when operated on diesel fuel, may be subject to multiple U.S. EPA, state, or local, agency environmental regulations. These regulations have not been communicated very well to the regulated community. In fact, the company that provided or installed the equipment, or the company that conducts preventive maintenance checks or re-fueling, may not even be aware of these environmental compliance requirements. This is in part due to the continuously emerging U.S. EPA state, and local, agency regulations ...
Those of us that read news stories regarding worker health and safety have seen recent legal actions targeting the levy of felony charges to prosecute management personnel, including safety managers, for a failure to protect the life of one of their employees. As safety and health professionals we try to provide the tools and resources, including effective education, for the welfare of our employees. This includes a team approach that reduces, through design and prevention, injuries or illness that can lead ...
5 Steps Building Owners Can Take on
to Help the Planet (and their bottom line)