Summary of the Introduced Bill

SCS SB 821 -- Energy Efficiency Projects

Co-Sponsors:  Dougherty, Gross

This substitute authorizes the Division of Design and
Construction to select bid proposals for guaranteed energy cost
savings contracts based on a contractor's specialized experience
and technical competence; capacity and capability to perform the
work; and past performance record.

The substitute also permits state colleges and universities to
participate in the Department of Natural Resources' energy
conservation loan program and increases the maximum allowable
payback period for loans from eight years to the greater of 10
years or 80% of the expected useful life of the project.

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Last Updated October 11, 2002 at 9:04 am