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MS SB2521
Bill
AI Summary
Senate Bill 2521 Summary
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Authorizes public entities (school districts, junior colleges, higher education institutions, hospitals, and state agencies) to enter into energy performance contracts, energy services contracts, and shared savings contracts for energy efficiency equipment and services.
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Expands the definition of "energy services" to include alternative fuel motor vehicles and related fueling equipment, in addition to traditional energy efficiency improvements like HVAC systems, lighting, insulation, and renewable energy systems.
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Extends the maximum contract term from 15 years to 20 years for lease-purchase, energy performance, energy services, and shared savings contracts, commencing upon completion of equipment installation.
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Requires entities to publicly issue requests for proposals and allows selection based on qualifications, technical approach, financial arrangements, and overall benefits rather than competitive sealed bids alone.
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Applies energy performance contract provisions to state agencies, school boards, community/junior college boards, and higher education institution trustees, superseding conflicting procurement provisions in state law.
Legislative Description
Public contracts for energy efficiency services; authorize entities to enter into energy performance and shared-savings contracts.
Last Action
Approved by Governor
4/10/2014