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January 2019
2019 Benchmarking Data Collection  Consultant Requirements
Under 2019 guidelines for Green Up速
and Green Up Plus速
loans, Borrowers must retain a
qualified third-party consultant to collect, input and monitor actual energy and water usage at
multifamily properties (Benchmarking Data Consultant) prior to the origination of the loan.
Consultant Qualifications
Qualifications of the Benchmarking Data Consultant must include:
 No less than three years of experience collecting and evaluating multifamily utility
consumption data
 Multifamily tenant data collection experience
 Ability for automated data exchange with Portfolio Manager速
via Web Services
o Capacity includes receiving and pushing utility data from/to both Portfolio
Manager and utility companies
Consultant Responsibilities
Benchmarking Data Consultant responsibilities include:
 Collect Benchmarking Data, which consists of:
o All monthly owner-paid energy and water consumption
o A minimum of 10% tenant-paid energy and water consumption
o An estimate of the remaining tenant energy and water usage not collected
 Benchmarking Data must be inputted into Portfolio Manager in the same property record
created by the Green Consultant at the time of the Green Assessment速
 Review and confirm accuracy of Benchmarking Data. The Benchmarking Data must be
continuous, with no gaps from the historical data entered by the Green Consultant at the
time of the Green Assessment
Seller/Servicer Responsibilities
Seller/Servicer responsibilities include:
 Prior to origination, receive certification from Borrower that a qualified Benchmarking
Data Consultant is engaged to collect, input and monitor Benchmarking Data
 Ensure Benchmarking Data collection occurs for the life of the loan by a qualified
Benchmarking Data Consultant
 Ensure Borrower assists the Benchmarking Data Consultant as necessary, including
obtaining Benchmarking Data from tenants

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Benchmarking data-collection-consultant-requirements

  • 1. January 2019 2019 Benchmarking Data Collection Consultant Requirements Under 2019 guidelines for Green Up速 and Green Up Plus速 loans, Borrowers must retain a qualified third-party consultant to collect, input and monitor actual energy and water usage at multifamily properties (Benchmarking Data Consultant) prior to the origination of the loan. Consultant Qualifications Qualifications of the Benchmarking Data Consultant must include: No less than three years of experience collecting and evaluating multifamily utility consumption data Multifamily tenant data collection experience Ability for automated data exchange with Portfolio Manager速 via Web Services o Capacity includes receiving and pushing utility data from/to both Portfolio Manager and utility companies Consultant Responsibilities Benchmarking Data Consultant responsibilities include: Collect Benchmarking Data, which consists of: o All monthly owner-paid energy and water consumption o A minimum of 10% tenant-paid energy and water consumption o An estimate of the remaining tenant energy and water usage not collected Benchmarking Data must be inputted into Portfolio Manager in the same property record created by the Green Consultant at the time of the Green Assessment速 Review and confirm accuracy of Benchmarking Data. The Benchmarking Data must be continuous, with no gaps from the historical data entered by the Green Consultant at the time of the Green Assessment Seller/Servicer Responsibilities Seller/Servicer responsibilities include: Prior to origination, receive certification from Borrower that a qualified Benchmarking Data Consultant is engaged to collect, input and monitor Benchmarking Data Ensure Benchmarking Data collection occurs for the life of the loan by a qualified Benchmarking Data Consultant Ensure Borrower assists the Benchmarking Data Consultant as necessary, including obtaining Benchmarking Data from tenants