Master Lease Agreement

Baltimore City Public School System

Evergreen served as financial advisor to the Baltimore (Maryland) Public School System (BCPSS) for a master lease financing program. From July 2006 to October 2006, Evergreen advised BCPSS as it lease purchased over $53 million of equipment related to energy performance contracts for energy improvements in various BCPSS buildings. The financings consisted of five competitive bid processes, each related to an energy performance contract with an energy services company. Evergreen assisted BCPSS on the due diligence and selection of potential bidders, the development of bid documents, and the evaluation and analysis of bids.