A US$28 million infrastructure modernization project with Kunsan Air Base, a U.S. Air Force Base located in South Korea has been awarded to Honeywell. Honeywell and Kunsan AB expect to complete the project in November 2020.
The project includes facility upgrades that aim to help improve infrastructure and equipment reliability while lowering the base’s annual energy consumption by more than 18 percent and water consumption by over seven percent. The project is expected to generate approximately US$1.7 million in annual energy savings.
The project work, which includes installing newer and more reliable equipment, and modernizing temperature, humidity and lighting controls, will help Kunsan AB meet the strategic energy goals of the U.S. Air Force that include improving base resiliency and optimizing energy efficiency.
The project will be funded by a 25-year energy savings performance contract awarded to Honeywell by Kunsan AB, the Air Force Civil Engineer Center and Defense Logistics Agency-Energy. The contract enables the funding of the upgrades with annual energy and operational savings resulting from the project work.
Honeywell guarantees the savings, eliminating the need for upfront capital investment and making it a self-funding project over the contract term.
Kunsan AB has approximately 630 buildings comprising a total area of 4.1 million square feet and is located south of Seoul on the Yellow Sea.