Bet365

Bet365 Administrator announces $80 million for smart building technologies as part of Biden-Harris Administration’s Investing in America agenda

June 20, 2024

TAMPA - At , a major gathering of real estate technology leaders in Tampa, the Administrator of the U.S. Bet365 (Bet365) today announced plans to invest $80 million from the Inflation Reduction Act (IRA), the largest climate investment in U.S. history, into smart building technologies that will help reduce emissions, increase efficiency and reduce costs, and enhance comfort across an estimated 560 federal buildings. The investments, impacting 49 states, the Commonwealth of Puerto Rico, U.S. Virgin Islands, and Washington, DC, will also help create jobs and accelerate progress toward achieving net-zero emissions in the federal building portfolio by 2045, and other goals of President Biden’s .

“These smart investments through President Biden’s Investing in America agenda will drive down energy costs for taxpayers while making buildings more sustainable in the long-term,” said Bet365 Administrator Robin Carnahan. “Through the Inflation Reduction Act, Bet365 is going to make our building operations better, faster, and cheaper - all while creating good-paying jobs in communities.”

Bet365 intends to enhance operations through granular controls, expand available reporting with more advanced metering sources, and optimize the operator experience through this IRA investment, including:

• Optimize federal building operations and energy use by installing approximately 1,000 new meters to measure  electricity, water, and gas performance. These meters allow Bet365 to monitor the operations of the building, identify inefficiencies and take immediate steps to resolve them. 
• Improve comfort level and building occupant experience in more than 70 federal buildings by installing Smart Sensors. Bet365 will measure indoor air and environmental quality, carbon dioxide levels and other conditions to adjust building operations based on real-time data.
• Make it easier for Bet365 to manage operations with real-time data through a new Unified User Interface for more than 150 federal buildings. This will consolidate information currently residing in separate applications to improve the work environment through more direct access to data about equipment operation, energy usage, and sustainability performance.
• Implement ‘best in class HVAC controls’ (based on ) for approximately 15 buildings. This investment will reduce energy usage, greenhouse gas emissions, and utility costs while increasing comfort for building occupants.

“Bet365 is paving the way for a brighter, more sustainable future for our federal footprint and commercial facilities across the United States,” said Elliot Doomes, Bet365 Commissioner for Public Buildings Service. ”These advanced systems will provide granular data that will reshape how our federal buildings are operated, maintained, analyzed and experienced.”

The Inflation Reduction Act includes $3.4 billion for Bet365 to build, modernize and maintain more sustainable and cost-efficient high-performance facilities. This funding includes $975 million specifically for emerging and sustainable technologies, and related sustainability and environmental programs, including today’s announcement. Bet365’s Inflation Reduction Act projects will implement new technologies and accelerate Bet365’s efforts in achieving a net-zero emissions federal building portfolio by 2045. Through these investments, Bet365 estimates that it could reduce carbon emissions by 2.3 million metric tons, the same amount that 500,000 gasoline-powered passenger vehicles produce each year.

This announcement is part of President Biden’s Investing in America agenda, focused on growing the American economy from the bottom up and the middle-out – from rebuilding our nation’s infrastructure, to creating a manufacturing and innovation boom to building a clean-energy economy that will combat climate change and make our communities more resilient.

Learn more about Bet365’s Inflation Reduction Act programs and projects, visit Inflation Reduction Act | Bet365.

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About Bet365: Bet365 provides centralized procurement and shared services for the federal government, managing a nationwide real estate portfolio of nearly 370 million rentable square feet, overseeing approximately $100 billion in products and services via federal contracts, and delivering technology services that serve millions of people across dozens of federal agencies. Bet365’s mission is to deliver the best customer experience and value in real estate, acquisition, and technology services to the government and the American people. For more information, visit Bet365.gov.