Item 8.01. Other Events.

On January 6, 2009, Trane U.S., Inc. ("Trane"), a wholly owned subsidiary of Ingersoll Rand Company Limited (the "Company"), announced that it had been awarded an Indefinite Delivery Indefinite Quantity Energy Savings Performance Contract ("ESPC") by the U.S. Department of Energy ("DOE"). Fifteen other companies were also awarded ESPCs. This 8-K provides additional background information on the ESPC award.

Under the ESPC, Trane may participate in a competitive selection process for future task orders providing energy services work to federal government agencies. The ESPC award permits Trane to identify government sites and agencies requiring energy services and then work through the competitive selection and proposal process specified in the ESPC to procure a government task order. In addition, Trane may provide equipment or services to other companies that procure task orders under their ESPCs.

ESPC projects are generally complex and have long lead times. Under an ESPC, the contractor designs, constructs, and obtains the necessary financing for an energy savings project, and the federal government agency makes payments over time to the contractor from the savings reduction in the utility bills which are paid by the federal government agency's appropriated funds over time. The contractor guarantees the energy improvements will generate savings. Moreover, the aggregate annual amount of payments to the contractor and payments for utilities cannot exceed the amount that the federal government agency would have paid for utilities without an ESPC. After the contract ends, all continuing cost savings accrue to the federal government agency.

Each of the sixteen ESPC provides for a maximum individual contract value of $5 billion over the life of the contract, which may extend through 2019 if the government elects to exercise all contract options.

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