1-33B GUARANTEED ENERGY SAVINGS CONTRACTS
GUARANTEED ENERGY SAVINGS CONTRACTS
Definition of terms.
Energy conservation measure defined--Inclusions--Limitation.
Request for proposals defined.
Guaranteed cost savings defined.
Investment-grade energy audit defined.
Measurement and verification defined.
Notice inviting qualified energy service providers to submit qualifications and
proposals for energy performance contract.
Evaluation of qualifications and proposals.
Preparation of investment-grade energy audit.
Contents of investment-grade energy audit.
Costs of the investment-grade energy audit.
Funds for payment of energy performance contract.
Reduction in amount of financing--Contract term--Measurement and verification
Costs for measurement and verification.
Annual guaranteed cost savings--Shortfall.
Loans, leases, or grants to municipality or county--Agreement upon terms and
Copy of evaluation and proposed contract forwarded to Governor's Office of
Proposed improvements to state owned buildings--Review by Bureau of
Written guarantee--Bond--Payment period not to exceed fifteen years.
Contracts not subject to chapter 5-18A.
Documentation of guaranteed savings--Deficiency paid by qualified provider.
Executory contract clause--Liability of governmental unit.
Continuance of contract--Payments.
Termination of contract--Notice--Return of equipment or improvement.
Functions of Governor's Office of Economic Development.
Promulgation of rules.
Powers of Governor's Office of Economic Development.
Establishment of accounts from which loans to be made--Petroleum violation escrow
Energy conservation loan special revenue fund established--Purposes--Continuous
Loans, leases or grants to municipality or county--Agreement upon terms and
Loans for analysis and installation of energy conservation measures.
Foreclosure to protect loans.
Disbursements from energy conservation special revenue fund.
Parties to whom loans authorized.
Acquisition, lease, and sale of energy saving equipment.
Acceptance of aid or contributions.
Transfer of functions, responsibility, and authority of former Office of Energy Policy.
School district authorized to deposit proceeds related to energy savings contract into
certain funds--Repayment from certain funds.