An overview of the agreement between your municipality and Deep Retrofit Capital for CEIP program administration.
This page provides a summary overview of the administration agreement structure. The full agreement document is provided during the formal engagement process and must be reviewed by your municipality's legal counsel prior to execution.
DRC charges an administration fee capped at 5% of total capital cost, as prescribed by the Regulation. This fee covers all program administration services including application processing, contractor oversight, project monitoring, and reporting.
The administration fee is included in the total project cost financed through the CEIP Agreement -- there is no separate cost to the municipality.
Property owners pay a non-refundable application fee at the time of application:
Incidental costs (energy audits, engineering oversight, permitting, etc.) are capped at 15% of total capital cost, as prescribed by the Regulation.
DRC commits to comprehensive reporting to both the municipality and the Government of Alberta:
The administration agreement includes detailed provisions for data handling in compliance with Alberta's Freedom of Information and Protection of Privacy Act (FOIP):
DRC's data collection, use, and privacy policy (DRCP-PADM-0002) is available upon request during the engagement process.
The administration agreement establishes a multi-year term aligned with the expected duration of CEIP projects in the municipality. The agreement includes provisions for renewal and extension by mutual consent.
Either party may terminate the agreement with appropriate notice. Termination provisions ensure that existing CEIP Agreements and property owner obligations continue to be serviced through their full term, regardless of any change in program administrator.
DRC's business continuity provisions ensure program continuity regardless of circumstances:
Contact Deep Retrofit Capital to receive the full administration agreement document and begin the formal engagement process with your municipality.
Contact DRC