A Simulation based Decision Model for Designing Contract Period in Energy Performance Contracting
|
|
- Lewis Short
- 5 years ago
- Views:
Transcription
1 A Simulation based Decision Model for Designing Contract Period in Energy Performance Contracting Presenter: Qianli Deng (Shally) Ph.D Candidate, University of Maryland, College Park Co author: Dr. Qingbin Cui Associate Professor, University of Maryland, College Park Dr. Xianglin Jiang Associate Professor, Fudan University, China 11/06/2014
2 Overview I. Problem Statement II. Factors affecting contracting period decision III. Models for simulation IV. Case Study of the University of Maryland Campus V. Conclusions and future research 11/6/2014 2
3 I. Problem Statement 11/6/2014 3
4 I. Problem Statement 40% 11/6/2014 4
5 I. Problem Statement 40% 40% 11/6/2014 5
6 I. Problem Statement Definition An EPC is a partnership between an Owner and an Energy Service Company (ESCO). EPC utilizes the future energy savings revenues to repay the initial energy efficiency investment. 11/6/2014 6
7 I. Problem Statement Definition An EPC is a partnership between an Owner and an Energy Service Company (ESCO). EPC utilizes the future energy savings revenues to repay the initial energy efficiency investment. Energy Performance Contracting (EPC) 11/6/2014 7
8 I. Problem Statement Definition An EPC is a partnership between an Owner and an Energy Service Company (ESCO). EPC utilizes the future energy savings revenues to repay the initial energy efficiency investment. Energy Performance Contracting (EPC) Energy Management Contracting (EMC) 11/6/2014 8
9 I. Problem Statement Definition An EPC is a partnership between an Owner and an Energy Service Company (ESCO). EPC utilizes the future energy savings revenues to repay the initial energy efficiency investment. Energy Performance Contracting (EPC) Energy Management Contracting (EMC) Energy Savings Performance Contracting (ESPC) 11/6/2014 9
10 I. Problem Statement Energy Service Company (ESCO/ESCo) 11/6/
11 I. Problem Statement Energy Service Company (ESCO/ESCo) 11/6/
12 I. Problem Statement Energy Service Company (ESCO/ESCo) Energy Conservation Measures (ECMs) Lighting Upgrades, Water Conservation, HVAC, Building Envelop, Windows Upgrades, Insulation, Mechanical Improvement, etc. 11/6/
13 I. Problem Statement Energy Performance Contracting (Siemens Building Technologies, 2010) 11/6/
14 I. Problem Statement Energy Performance Contracting (Siemens Building Technologies, 2010) 11/6/
15 I. Problem Statement How long the contracting period should be? Energy Performance Contracting (Siemens Building Technologies, 2010) 11/6/
16 I. Problem Statement Trade off in contracting period design exists 11/6/
17 I. Problem Statement Trade off in contracting period design exists Theoretically 1) Owners expect short contracting period 2) ESCOs expect long contracting period 11/6/
18 I. Problem Statement Trade off in contracting period design exists Theoretically 1) Owners expect short contracting period 2) ESCOs expect long contracting period Practically 3) Uncertainties of energy price, energy conservation measures performances, operation and maintenance activities, measurement and verification practices 11/6/
19 I. Problem Statement Energy Policy Act (2005) The whole contracting period of EPC shall not exceed 20 years to allow longer payback periods for retrofits. 11/6/
20 I. Problem Statement Energy Policy Act (2005) The whole contracting period of EPC shall not exceed 20 years to allow longer payback periods for retrofits. State Energy Conservation Offices 10 years > 7 states (Illinois, Indiana, Michigan, etc.) 15 years > 11 states (DC, Hawaii, Maryland, etc.) 20 years > 8 states (Alabama, Delaware, Florida, etc.) 25 years > 3 states (Arizona, Colorado, Idaho) 35 years > 1 states (New York) 11/6/
21 II. Factors affecting contracting period 1) Investment? 11/6/
22 II. Factors affecting contracting period 1) Investment? Initial capital investment + Operation & Maintenance investment 11/6/
23 II. Factors affecting contracting period 1) Investment? Initial capital investment + Operation & Maintenance investment 2) Revenue? 11/6/
24 II. Factors affecting contracting period 1) Investment? Initial capital investment + Operation & Maintenance investment 2) Revenue? Energy cost savings (Amount of energy savings + Energy price) 11/6/
25 II. Factors affecting contracting period 1) Investment? Initial capital investment + Operation & Maintenance investment 2) Revenue? Energy cost savings (Amount of energy savings + Energy price) 3) Profit sharing? 11/6/
26 II. Factors affecting contracting period 1) Investment? Initial capital investment + Operation & Maintenance investment 2) Revenue? Energy cost savings (Amount of energy savings + Energy price) 3) Profit sharing? Contract design (Guaranteed energy cost savings + Profit sharing percentage + Excess profit sharing beyond guarantee) 11/6/
27 II. Factors affecting contracting period Energy Performance Contracting (Siemens Building Technologies, 2010) 11/6/
28 II. Factors affecting contracting period Contract design St G G St G G St G G ( S G) (1 )( S G) t t 11/6/
29 III. Simulation model 11/6/
30 III. Simulation model 11/6/
31 III. Simulation modeling 11/6/
32 III. Simulation modeling 11/6/
33 III. Simulation modeling 11/6/
34 III. Simulation modeling 11/6/
35 III. Simulation modeling 11/6/
36 III. Simulation modeling I C I OM P E I O R O NPV O ( ) ( ) NPV E I E R E 11/6/
37 III. Simulation modeling 11/6/
38 III. Simulation modeling 11/6/
39 III. Simulation modeling 11/6/
40 IV. Case study April 2009 Comprehensive Energy Efficiency and Guaranteed Savings Program 11/6/
41 11/6/
42 IV. Case study Sample paths of energy savings performances 11/6/
43 IV. Case study Sample paths of shared energy savings performance 11/6/
44 IV. Case study Relations between contracting period and NPV of profit 11/6/
45 IV. Case study Sensitivity Analysis Initial capital investment Annual guaranteed savings 11/6/
46 Sensitivity Analysis (continue) Owner s expected profit share within guarantee Owner s expected profit share beyond guarantee Owner s expected rate of return ESCO s expected rate of return 11/6/
47 V. Conclusion 11/6/
48 V. Conclusion This research provides an way to determine the length of contracting period in energy performance contracting (EPC) 11/6/
49 V. Conclusion This research provides an way to determine the length of contracting period in energy performance contracting (EPC) Varied uncertainty factors within the contracting period are considered 11/6/
50 V. Conclusion This research provides an way to determine the length of contracting period in energy performance contracting (EPC) Varied uncertainty factors within the contracting period are considered Worth popularizing in simulation performance based contracting 11/6/
51 V. Future research 11/6/
52 V. Future research 11/6/
53 Questions? 11/6/
54 THANK YOU! Presenter: Qianli Deng (Shally) University of Maryland, College Park Office:
Energy Performance Contracting (EPC)
Energy Performance Contracting (EPC) D E F I N I T I O N A N D F U N D I N G 1 2 What is EPC? Sometimes used interchangably with the term ESCO meaning Energy Service Company. Energy Performance Contracting:
More informationEconomic Consequences of Prevailing Pension reforms How much damage would they cause to our economic future?
Economic Consequences of Prevailing Pension reforms How much damage would they cause to our economic future? Michael Kahn, Ph.D. Director of Research National Conference on Public Employee Retirement Systems
More informationImpacts of Prepayment Penalties and Balloon Loans on Foreclosure Starts, in Selected States: Supplemental Tables
THE UNIVERSITY NORTH CAROLINA at CHAPEL HILL T H E F R A N K H A W K I N S K E N A N I N S T I T U T E DR. MICHAEL A. STEGMAN, DIRECTOR T 919-962-8201 OF PRIVATE ENTERPRISE CENTER FOR COMMUNITY CAPITALISM
More informationAbility-to-Repay Statutes
Ability-to-Repay Statutes FEDERAL ALABAMA ALASKA ARIZONA ARKANSAS CALIFORNIA STATUTE Truth in Lending, Regulation Z Consumer Credit Secure and Fair Enforcement for Bankers, Brokers, and Loan Originators
More informationAnnual Costs Cost of Care. Home Health Care
2017 Cost of Care Home Health Care USA National $18,304 $47,934 $114,400 3% $18,304 $49,192 $125,748 3% Alaska $33,176 $59,488 $73,216 1% $36,608 $63,492 $73,216 2% Alabama $29,744 $38,553 $52,624 1% $29,744
More informationIncome from U.S. Government Obligations
Baird s ----------------------------------------------------------------------------------------------------------------------------- --------------- Enclosed is the 2017 Tax Form for your account with
More informationCheckpoint Payroll Sources All Payroll Sources
Checkpoint Payroll Sources All Payroll Sources Alabama Alaska Announcements Arizona Arkansas California Colorado Connecticut Source Foreign Account Tax Compliance Act ( FATCA ) Under Chapter 4 of the Code
More informationKentucky , ,349 55,446 95,337 91,006 2,427 1, ,349, ,306,236 5,176,360 2,867,000 1,462
TABLE B MEMBERSHIP AND BENEFIT OPERATIONS OF STATE-ADMINISTERED EMPLOYEE RETIREMENT SYSTEMS, LAST MONTH OF FISCAL YEAR: MARCH 2003 Beneficiaries receiving periodic benefit payments Periodic benefit payments
More informationState Individual Income Taxes: Personal Exemptions/Credits, 2011
Individual Income Taxes: Personal Exemptions/s, 2011 Elderly Handicapped Blind Deaf Disabled FEDERAL Exemption $3,700 $7,400 $3,700 $7,400 $0 $3,700 $0 $0 $0 $0 Alabama Exemption $1,500 $3,000 $1,500 $3,000
More informationThe Effect of the Federal Cigarette Tax Increase on State Revenue
FISCAL April 2009 No. 166 FACT The Effect of the Federal Cigarette Tax Increase on State Revenue By Patrick Fleenor Today the federal cigarette tax will rise from 39 cents to $1.01 per pack. The proceeds
More informationThe Starting Portfolio is divided into the following account types based on the proportions in your accounts. Cash accounts are considered taxable.
Overview Our Retirement Planner runs 5,000 Monte Carlo simulations to deliver a robust, personalized retirement projection. The simulations incorporate expected return and volatility, annual savings, income,
More informationECONOMIC IMPACT OF LOCAL PARKS FULL REPORT
ECONOMIC IMPACT OF LOCAL PARKS AN EXAMINATION OF THE ECONOMIC IMPACTS OF OPERATIONS AND CAPITAL SPENDING BY LOCAL PARK AND RECREATION AGENCIES ON THE UNITED STATES ECONOMY FULL REPORT Center for Regional
More informationFingerprint, Biographical Affidavit and Third-Party Verification Reports Requirements
Updates to the State Specific Information Fingerprint, Biographical Affidavit and Third-Party Verification Reports Requirements State Requirements For Licensure Requirements After Licensure (Non-Domestic)
More information2012 RUN Powered by ADP Tax Changes
2012 RUN Powered by ADP Tax Changes Dear Valued ADP Client, Beginning with your first payroll with checks dated in 2012, you and your employees may notice changes in your paychecks due to updated 2012
More informationQ Homeowner Confidence Survey Results. May 20, 2010
Q1 2010 Homeowner Confidence Survey Results May 20, 2010 The Zillow Homeowner Confidence Survey is fielded quarterly to determine the confidence level of American homeowners when it comes to the value
More informationMetrics and Measurements for State Pension Plans. November 17, 2016 Greg Mennis
Metrics and Measurements for State Pension Plans November 17, 2016 Greg Mennis Fiscal Sustainability Metrics Net Amortization Measures whether contributions are sufficient to reduce pension debt if plan
More informationPay Frequency and Final Pay Provisions
Pay Frequency and Final Pay Provisions State Pay Frequency Minimum Final Pay Resign Final Pay Terminated Alabama Bi-weekly or semi-monthly No Provision No Provision Alaska Semi-monthly or monthly Next
More informationCLMS BRIEF 2 - Estimate of SUI Revenue, State-by-State
CLMS BRIEF 2 - Estimate of SUI Revenue, State-by-State Estimating the Annual Amounts of Unemployment Insurance Tax Collections From Individual States for Financing Adult Basic Education/ Job Training Programs
More informationThe table below reflects state minimum wages in effect for 2014, as well as future increases. State Wage Tied to Federal Minimum Wage *
State Minimum Wages The table below reflects state minimum wages in effect for 2014, as well as future increases. Summary: As of Jan. 1, 2014, 21 states and D.C. have minimum wages above the federal minimum
More informationAIG Benefit Solutions Producer Licensing and Appointment Requirements by State
3600 Route 66, Mail Stop 4J, Neptune, NJ 07754 AIG Benefit Solutions Producer Licensing and Appointment Requirements by State As an industry leader in the group insurance benefits market, AIG is firmly
More informationUndocumented Immigrants are:
Immigrants are: Current vs. Full Legal Status for All Immigrants Appendix 1: Detailed State and Local Tax Contributions of Total Immigrant Population Current vs. Full Legal Status for All Immigrants
More informationFingerprint and Biographical Affidavit Requirements
Updates to the State-Specific Information Fingerprint and Biographical Affidavit Requirements State Requirements For Licensure Requirements After Licensure (Non-Domestic) Alabama NAIC biographical affidavit
More information8, ADP,
2013 Tax Changes Beginning with your first payroll with checks dated in 2013, employees may notice changes in their paychecks due to updated 2013 federal and state tax requirements. This document will
More informationProtection notice / Copyright notice
Financing Infrastructure for K12 Presented by : Deval Allums Denise Granado Chavez November 22, 2013 Protection notice / Copyright notice Presentation Key Points Academics is priority #1, but operational
More informationSales Tax Return Filing Thresholds by State
Thanks to R&M Consulting for assistance in putting this together Sales Tax Return Filing Thresholds by State State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Filing Thresholds
More informationUS Experience with Energy Savings Performance Contracts
US Experience with Energy Savings Performance Contracts John A. Shonder Oak Ridge National Laboratory Building Systems 2006 Conference Helsinki, Finland March 22, 2006 Background U.S. is the world s largest
More informationMapping the geography of retirement savings
of savings A comparative analysis of retirement savings data by state based on information gathered from over 60,000 individuals who have used the VoyaCompareMe online tool. Mapping the geography of retirement
More informationTable 1 - Special Fund Disbursements for FY
Table 1 - Special Fund Disbursements for FY 2018-19 Primary Agency Fund Name Available Agriculture Agricultural Conservation Easement $41,617 Racing 62,995 State College Experimental Farm 0 Attorney General
More informationUnion Members in New York and New Jersey 2018
For Release: Friday, March 29, 2019 19-528-NEW NEW YORK NEW JERSEY INFORMATION OFFICE: New York City, N.Y. Technical information: (646) 264-3600 BLSinfoNY@bls.gov www.bls.gov/regions/new-york-new-jersey
More informationMinnesota Judicial State Court Salaries
1 Minnesota Judicial State Court Salaries Prepared for the Minnesota District Judges Association by Elizabeth Kula Economics and Mathematics St. Catherine University St. Paul, MN 55105 erkula@stkate.edu
More informationState Income Tax Tables
ALABAMA 1 st $1,000... 2% Next 5,000... 4% Over 6,000... 5% ALASKA... 0% ARIZONA 1 1 st $10,000... 2.87% Next 15,000... 3.2% Next 25,000... 3.74% Next 100,000... 4.72% Over 150,000... 5.04% ARKANSAS 1
More informationFederal Registry. NMLS Federal Registry Quarterly Report Quarter I
Federal Registry NMLS Federal Registry Quarterly Report 2012 Quarter I Updated June 6, 2012 Conference of State Bank Supervisors 1129 20 th Street, NW, 9 th Floor Washington, D.C. 20036-4307 NMLS Federal
More informationState Corporate Income Tax Collections Decline Sharply
Corporate Income Tax Collections Decline Sharply Nicholas W. Jenny and Donald J. Boyd The Rockefeller Institute Fiscal News: Vol. 1, No. 3 July 26, 2001 According to a report from the Congressional Budget
More informationTermination Final Pay Requirements
State Involuntary Termination Voluntary Resignation Vacation Payout Requirement Alabama No specific regulations currently exist. No specific regulations currently exist. if the employer s policy provides
More informationRecourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO
Recourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO State Relevant Agency Contact Information Online Resources Online Filing Alabama Department
More informationFederal Rates and Limits
Federal s and Limits FICA Social Security (OASDI) Base $118,500 Medicare (HI) Base No Limit Social Security (OASDI) Percentage 6.20% Medicare (HI) Percentage Maximum Employee Social Security (OASDI) Withholding
More informationThe Costs and Benefits of Half a Loaf: The Economic Effects of Recent Regulation of Debit Card Interchange Fees. Robert J. Shapiro
The Costs and Benefits of Half a Loaf: The Economic Effects of Recent Regulation of Debit Card Interchange Fees Robert J. Shapiro October 1, 2013 The Costs and Benefits of Half a Loaf: The Economic Effects
More informationINTRODUCTION. What Is Energy Performance Contracting?
1 INTRODUCTION What Is Energy Performance Contracting? Across the country, energy performance contracting (EPC) is offered by Energy Service Companies (ESCOs) as a practical way for public sector entities
More informationCreating a Decision Tree: Exemptions and Deductions
Creating a Decision Tree: Exemptions and Deductions Marilyn Henry UnitedHealth Group Loredana Pfannenbecker PwC 1 UPPO Presentation Disclaimer Use of the Unclaimed Property Professionals Organization,
More informationSUMMARY ANALYSIS OF THE SENATE AGRICULTURE COMMITTEE NUTRITION TITLE By Dorothy Rosenbaum and Stacy Dean
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Revised November 2, 2007 SUMMARY ANALYSIS OF THE SENATE AGRICULTURE COMMITTEE NUTRITION
More informationAmerican Economics Group Clear and Effective Economic Analysis. American Economics Group
Presentation Clear for: and Effective Economic Analysis Federation of Tax Administrators By Charles W. de Seve, Ph.D. Retail Sales / Sales Taxes: The Current Recession Halts Retail Implications for The
More informationMotor Vehicle Sales/Use, Tax Reciprocity and Rate Chart-2005
The following is a Motor Vehicle Sales/Use Tax Reciprocity and Rate Chart which you may find helpful in determining the Sales/Use Tax liability of your customers who either purchase vehicles outside of
More informationAmerican Economics Group Clear and Effective Economic Analysis. American Economics Group
Presentation for: Federation Clear of and Tax Effective Administrators Economic Analysis 9/22/03 Charles W. de Seve, Ph.D. www.americaneconomics.com The Economy is Recovering : The National Economic Setting
More informationDFA INVESTMENT DIMENSIONS GROUP INC. DIMENSIONAL INVESTMENT GROUP INC. Institutional Class Shares January 2018
DFA INVESTMENT DIMENSIONS GROUP INC. DIMENSIONAL INVESTMENT GROUP INC. Institutional Class Shares January 2018 Supplementary Tax Information 2017 The following supplementary information may be useful in
More informationForecasting State and Local Government Spending: Model Re-estimation. January Equation
Forecasting State and Local Government Spending: Model Re-estimation January 2015 Equation The REMI government spending estimation assumes that the state and local government demand is driven by the regional
More information2014 STATE AND FEDERAL MINIMUM WAGES HR COMPLIANCE CENTER
2014 STATE AND FEDERAL MINIMUM WAGES HR COMPLIANCE CENTER The federal Fair Labor Standards Act (FLSA), which applies to most employers, establishes minimum wage and overtime requirements for the private
More informationEBRI Databook on Employee Benefits Chapter 6: Employment-Based Retirement Plan Participation
EBRI Databook on Employee Benefits Chapter 6: Employment-Based Retirement Plan Participation UPDATED July 2014 This chapter looks at the percentage of American workers who work for an employer who sponsors
More informationSchool Board of Palm Beach County
May 7, 2014 Presentation to the School Board of Palm Beach County THE ESCO PROGRAM ESCO DEFINED An Energy Service COmpany (ESCO) is a commercial or for profit business providing a broad range of energy
More informationMedia Alert. First American CoreLogic Releases Q3 Negative Equity Data
Contact Information Below Media Alert First American CoreLogic Releases Q3 Negative Equity Data First American CoreLogic, the first company to develop a national, state and city-level negative equity report,
More informationExperience with Traditional and Emerging ESCO Models. Peter White
Experience with Traditional and Emerging ESCO Models Peter White peter.z.white@jci.com 503-351-0900 Traditional: Performance Contracting A proven procurement model for building retrofits and key enabler
More informationAUTHORIZATION TO ENTER INTO AN EFFICIENCY SERVICES AGREEMENT, AN INTERGOVERNMENTAL AGREEMENT WITH THE CHICAGO INFRASTRUCTURE TRUST
To: The Honorable Board of Commissioners of the Chicago Park District I. Recommendation It is recommended that the General Superintendent and CEO or his designee enter into an Intergovernmental Agreement
More informationIMPORTANT TAX INFORMATION
IMPORTANT TAX INFORMATION The following information about your enclosed 1099-DIV from s should be used when preparing your 2017 tax return. Form 1099-DIV reports dividends, exempt-interest dividends, capital
More informationEconomic Impacts of Wait Times for Commercial Driver s Licenses Skills Tests
Economic Impacts of Wait Times for Commercial Driver s Licenses Skills Tests Nam D. Pham, Ph.D. Mary Donovan January 2019 Economic Impact of Wait Times for Commercial Driver s Licenses Skills Tests Nam
More informationMEDICAID BUY-IN PROGRAMS
MEDICAID BUY-IN PROGRAMS Under federal law, states have the option of creating Medicaid buy-in programs that enable employed individuals with disabilities who make more than what is allowed under Section
More informationPAY STATEMENT REQUIREMENTS
PAY MENT 2017 PAY MENT Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia No generally applicable wage payment law for private employers. Rate
More informationSTATE AND FEDERAL MINIMUM WAGES
2017 STATE AND FEDERAL MINIMUM WAGES STATE AND FEDERAL MINIMUM WAGES The federal Fair Labor Standards Act (FLSA) establishes minimum wage and overtime requirements for most employers in the private sector
More informationATHENE Performance Elite Series of Fixed Index Annuities
Rates Effective August 8, 05 ATHE Performance Elite Series of Fixed Index Annuities State Availability Alabama Alaska Arizona Arkansas Product Montana Nebraska Nevada New Hampshire California PE New Jersey
More informationContractor's Pollution Liability Questionnaire Page 1
Contractor's Pollution Liability Questionnaire Page 1 APPLICANT INFORMATION Applicant Name Address City, State, Zip Address City, State, Zip Applicant's Website Year Business Started Physical Address Mailing
More informationNation s Uninsured Rate for Children Drops to Another Historic Low in 2016
Nation s Rate for Children Drops to Another Historic Low in 2016 by Joan Alker and Olivia Pham The number of uninsured children nationwide dropped to another historic low in 2016 with approximately 250,000
More informationEnergy Saving Improvement Programs
Introducing Energy Saving Improvement Programs aka: ESIP; ESCO; P.L. 2009, c. 4; A-1185A Marc Pfeiffer, Deputy Director Division of Local Government Services What ESIP is All About Retrofitting public
More informationUnderstanding Oregon s Throwback Rule for Apportioning Corporate Income
Understanding Oregon s Throwback Rule for Apportioning Corporate Income Senate Interim Committee on Finance and Revenue January 12, 2018 2 Apportioning Corporate Income Apportionment is a method of dividing
More informationState Minimum Wage Chart (See below for Local/City Minimum Wage Chart)
State Current Minimum Wage State Minimum Wage Chart (See below for Local/City Minimum Wage Chart) Maximum Tip Credit Allowed for Tipped Employees Federal $7.25 $5.12 $2.13 Minimum Cash Wage for Tipped
More informationDC PACE: Financing Energy, Water, and Infrastructure Upgrades
DC PACE: Financing Energy, Water, and Infrastructure Upgrades PACE: A New Use for an Old Concept DC PACE is the District s only clean energy financing program for building upgrades. Urban Ingenuity is
More informationFISCAL FACT Top Marginal Effective Tax Rates By State under Rival Tax Plans from Congressional Democrats and Republicans
September 22, 2010 No. 246 FISCAL FACT Top Marginal Effective Tax Rates By State under Rival Tax Plans from Congressional Democrats and Republicans By Gerald Prante Introduction One of biggest news stories
More informationJ.P. Morgan Funds 2018 Distribution Notice
J.P. Morgan Funds 2018 Distribution Notice To assist you in preparing your 2018 Tax returns, we re pleased to provide this distribution notice for your J.P.Morgan Fund investment. If you are unclear about
More informationWhite Paper 2018 STATE AND FEDERAL MINIMUM WAGES
White Paper STATE AND FEDERAL S White Paper STATE AND FEDERAL S The federal Fair Labor Standards Act (FLSA) establishes minimum wage and overtime requirements for most employers in the private sector and
More informationOverview of Sales Tax Exemptions for Agricultural Producers in the United States
Overview of Sales Tax Exemptions for Agricultural Producers in the United States Dr. Wayne P. Miller Tyler R. Knapp November 2017 Draft Not for publication or quotation The University of Arkansas System
More informationEligible Mortgage Loans. Client Guide Chapter 2
Eligible Mortgage Loans Client Guide Chapter 2 Gateway Mortgage Group, LLC Correspondent Lending Division Client Guide Rev. 06/19/2018 TABLE OF CONTENTS Chapter 2 Eligible Mortgage Loans 3 Qualified Mortgage
More informationNOTICE TO MEMBERS CANADIAN DERIVATIVES CORPORATION CANADIENNE DE. Trading by U.S. Residents
NOTICE TO MEMBERS CANADIAN DERIVATIVES CORPORATION CANADIENNE DE CLEARING CORPORATION COMPENSATION DE PRODUITS DÉRIVÉS NOTICE TO MEMBERS No. 2002-013 January 28, 2002 Trading by U.S. Residents This is
More informationSTATE MINIMUM WAGES 2017 MINIMUM WAGE BY STATE
STATE MINIMUM WAGES 2017 MINIMUM WAGE BY STATE The table below, created by the National Conference of State Legislatures (NCSL), reflects current state minimum wages in effect as of January 1, 2017, as
More informationEconomic Growth Through Employee Ownership. How states can save jobs and address the wealth inequality gap through ESOPs
Economic Growth Through Employee Ownership How states can save jobs and address the wealth inequality gap through ESOPs CONTENTS 1 GROWTH THROUGH ESOPs 2 WHAT IS AN ESOP? 3 STATE POLICIES TO PROMOTE ESOPs
More informationDSH Reduction Allocation Process Flows. DRAFT Based on 5/15/13 NPRM
DSH Reduction Allocation Process Flows 1 Overview The ACA mandates that the federal share of DSH payments be reduced by a specified dollar amount for each year between 2014 and 2020. The unreduced federal
More informationADDITIONAL REQUIRED TRAINING before proceeding. Annuity Carrier Specific Product Training
American Equity REQUIRED CARRIER SPECIFIC TRAINING (CST) INSTRUCTIONS Annuity Carrier Specific Product Training and state mandated NAIC Annuity Training (see STATE ANNUITY SUITABILITY TRAINING REQUIREMENT
More informationMINIMUM WAGE WORKERS IN HAWAII 2013
WEST INFORMATION OFFICE San Francisco, Calif. For release Wednesday, June 25, 2014 14-898-SAN Technical information: (415) 625-2282 BLSInfoSF@bls.gov www.bls.gov/ro9 Media contact: (415) 625-2270 MINIMUM
More informationAetna Individual Direct Pay Commissions Schedule
Aetna Individual Direct Pay Commissions Schedule Cards Issued Broker Rate Broker Tier Per Year 1st Yr 2nd Yr 3+ Yrs Levels 11-Jan 4.00% 4.00% 3.00% Bronze 24-Dec 6.00% 4.00% 3.00% Silver 25-49 8.00% 4.00%
More informationRequired Training Completion Date. Asset Protection Reciprocity
Completion Alabama Alaska Arizona Arkansas California State Certification: must complete initial 16 hours (8 hrs of general LTC CE and 8 hrs of classroom-only CE specifically on the CA for LTC prior to
More informationAiming. Higher. Results from a Scorecard on State Health System Performance 2015 Edition. Douglas McCarthy, David C. Radley, and Susan L.
Aiming Higher Results from a Scorecard on State Health System Performance Edition Douglas McCarthy, David C. Radley, and Susan L. Hayes December The COMMONWEALTH FUND overview On most of the indicators,
More informationThe 2017 CHP Salary Survey
The 2017 CHP Salary Survey Gary Lauten, CHP, AAHP Niche Analyst Introduction The 2017 certified health physicist (CHP) survey data was collected by having CHPs submit their responses to survey questions
More informationInvestor Testing of Target Date Retirement Fund (TDF) Comprehension and Communications
Investor Testing of Target Date Retirement Fund (TDF) Comprehension and Communications Submitted to: The U.S. Securities and Exchange Commission February 15, 2012 This study presents the findings of Siegel
More informationResidual Income Requirements
Residual Income Requirements ytzhxrnmwlzh Ch. 4, 9-e: Item 44, Balance Available for Family Support (04/10/09) Enter the appropriate residual income amount from the following tables in the guideline box.
More information10 yrs. The benefit is capped at 80% of FAS. An elected official may. 2% (first 10 yrs.); or 2.25% (second 10 yrs.); or 2.5% over 20 yrs.
Table 3.13 STATE LEGISLATIVE RETIREMENT BENEFITS Alabama... Alaska... Age 60 with 10 yrs. Employee 6.75% 2% (first 10 yrs.); or 2.25% (second 10 yrs.); or 2.5% over 20 yrs. x average salary over 5 highest
More informationState Unemployment Insurance Tax Survey
444 N. Capitol Street NW, Suite 142, Washington, DC 20001 202-434-8020 fax 202-434-8033 www.workforceatm.org State Unemployment Insurance Tax Survey NATIONAL ASSOCIATION OF STATE WORKFORCE AGENCIES April
More informationBRINKER CAPITAL DESTINATIONS TRUST
Important 2018 Tax Information Regarding Your Mutual s BRINKER CAPITAL DESTINATIONS TRUST The following tax information is furnished for informational purposes only. Please consult your tax advisor for
More informationCommonfund Higher Education Price Index Update
Commonfund Higher Education Price Index 2017 Update Table of Contents EXECUTIVE SUMMARY 1 INTRODUCTION: THE HIGHER EDUCATION PRICE INDEX 1 About HEPI 1 The HEPI Tables 2 HIGHER EDUCATION PRICE INDEX ANALYSIS
More informationConsumer Installment Loan Regulations - State
Alabama Yes State of Alabama Banking Department Code 5-18-1 et seq http://www.bank.state.al.us/faq_regarding _licensing.htm Alaska Yes Department of Commerce, Community and Economic Development, Consumer
More informationYear-End Tax Tables Applicable to Form 1099-DIV Page 2 Qualified Dividend Income
Year-End Tax Tables This document contains general information to assist you in completing your 2016 tax returns. You should consult your tax advisor to determine the appropriate use of these tables. This
More informationTA X FACTS NORTHERN FUNDS 2O17
TA X FACTS 2O17 Northern Funds Tax Facts provides specific information about your Northern Funds investment income and capital gain distributions for 2017. If you have any questions about how to apply
More informationHow Much Would a State Earned Income Tax Credit Cost in Fiscal Year 2018?
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Updated February 8, 2017 How Much Would a State Earned Income Tax Cost in Fiscal Year?
More informationNAUPA Holder Workshop Legislative Trends and Highlights
2012-2013 NAUPA Holder Workshop Legislative Trends and Highlights May 17, 2013 Cherish Simmons Vice President Audits, Xerox The Foremost Authority on Unclaimed Property Unclaimed Property Legislative Update
More information# of Credit Unions As of March 31, 2011
# of Credit Unions # of Credit Unins # of Credit Unions As of March 31, 2011 8,600 8,400 8,200 8,000 8,478 8,215 7,800 7,909 7,600 7,400 7,651 7,442 7,200 7,000 6,800 # of Credit Unions -Trend By Asset-Based
More informationState Resources for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL CIO December 2015
State Resources for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL CIO December 2015 State Relevant Agency Contact Information Online Resources Online Filing
More informationEligible Mortgage Loans. Client Guide Chapter 2
Eligible Mortgage Loans Client Guide Chapter 2 Gateway Mortgage Group, LLC Correspondent Lending Division Client Guide Rev. 12/06/2018 TABLE OF CONTENTS Chapter 2 Eligible Mortgage Loans General 3 Qualified
More informationSTATE BOND COMMISSION DEPARTMENT OF TREASURY. March 15, 2018
STATE BOND COMMISSION DEPARTMENT OF TREASURY March 15, 2018 1 Overview In accordance with the Comprehensive Capital Outlay Budget, cash lines of credit provide a mechanism to cash flow capital outlay projects
More informationTax Recommendations and Actions in Other States. Joel Michael House Research Department June 9, 2011
Tax Recommendations and Actions in Other States Joel Michael House Research Department June 9, 2011 Governors FY 2012 Recommendations 12 governors recommend net revenue (tax and fee) increases 12 governors
More informationNotice on Reallotment of Workforce Investment Act (WIA) Title I Formula Allotted Funds
This document is scheduled to be published in the Federal Register on 05/14/2014 and available online at http://federalregister.gov/a/2014-11045, and on FDsys.gov DEPARTMENT OF LABOR Employment and Training
More informationHow States would be Affected by Obama s Proposed Tax Increases on High-Income Earners
October 25, 2012 No. 333 Fiscal Fact How States would be Affected by Obama s Proposed Tax Increases on High-Income Earners By William McBride, PhD President Obama s campaign to raise taxes on high-income
More informationRural Policy Brief. Brief No DECEMBER health.uiowa.edu/rupri/
RUPRI Center for www.banko Rural Health Policy Analysis Brief No. 2017-7 DECEMBER 2017 http://www.public- health.uiowa.edu/rupri/ Rural-Urban Enrollment in Part D Prescription Drug Plans: June 2017 Update
More informationVolkswagen Update: NASEO Central Regional Meeting. Cassie Powers National Association of State Energy Officials June 5, 2017
+ Volkswagen Update: NASEO Central Regional Meeting Cassie Powers National Association of State Energy Officials June 5, 2017 + Agenda 2 Settlement overview and Electrify America updates Environmental
More information)TADA. 4 Texas Automobile Dealers Association. TADA Members. To: From: Date: Karen Phillips May Re: MEMORANDUM
Attached is a copy of the Assurance of Voluntary Compliance with Appendices A, B, C and D. third-party vendor has access to personal information, verify the vendor is securing the data. telephone, take
More informationFiscal Policy Project
Fiscal Policy Project How Raising and Indexing the Minimum Wage has Impacted State Economies Introduction July 2012 New Mexico is one of 18 states that require most of their employers to pay a higher wage
More information