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IN SB0270
Bill
Status
Introduced
1/11/2010
Primary Sponsor
Randall Head
Click for details
AI Summary
- Excludes stipulated savings from being counted as "actual savings" when determining whether guaranteed energy savings were achieved under government contracts
- Prohibits counting cost savings from equipment replacement as actual savings if that equipment would have needed replacement regardless of whether the guaranteed savings contract existed
- Changes affect how guarantee payments by contractors are calculated at the end of guaranteed energy savings contracts with local governments
- Effective date: July 1, 2010
Legislative Description
Guaranteed energy saving contracts.
Last Action
Senator Gard added as second author
1/11/2010
Full Bill Text
No bill text available