§ 3754. Contract provisions
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 62 Pa.C.S.A. ProcurementEffective: January 3, 2017
Effective: January 3, 2017
62 Pa.C.S.A. § 3754
§ 3754. Contract provisions
(a) General rule.--A guaranteed energy savings contract may provide that all payments, except obligations on termination of the contract before its scheduled expiration, shall be made over a period of time. Every guaranteed energy savings contract that requires payments over a period of time shall provide that, after the initial year of the contract, the savings in every subsequent year are guaranteed to the extent necessary to make payments under the contract during that year. A guaranteed energy savings contract, in addition to the quantification and guarantee of energy savings, shall expressly state, quantify and validate the budgetary sources of all energy-related cost savings and operating costs utilized to satisfy the financial obligations and performance during the term of the agreement.
and the savings justification for the improvement is documented by industry engineering standards.
(e) Other expenditures.--A facility alteration which includes expenditures that are required to properly implement other energy conservation measures may be included as part of a guaranteed energy savings contract. In such case, notwithstanding any other provision of law, the installation of these additional measures may be supervised by the contractor performing the guaranteed energy savings contract.
Credits
1998, May 15, P.L. 358, No. 57, § 1, effective in 180 days. Amended 2004, July 15, P.L. 703, No. 77, § 1, effective in 60 days [Sept. 13, 2004]; 2010, July 2, P.L. 243, No. 39, § 2, effective in 60 days [Aug. 31, 2010]; 2016, Nov. 4, P.L. 1216, No. 163, § 5, effective in 60 days [Jan. 3, 2017].
62 Pa.C.S.A. § 3754, PA ST 62 Pa.C.S.A. § 3754
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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