Guaranteed Energy Savings Performance ContractsGuaranteed Energy Savings Performance Contract • June 29th, 2016
Contract Type FiledJune 29th, 2016Pursuant to Section 8.231, RSMo, a guaranteed energy savings performance contract is a contract for the implementation of one or more energy saving measures that may be applied to an existing school district facility. The contract shall provide that all payments, except obligations on termination of the contract before its expiration, are to be made over time and the energy cost savings are guaranteed to the extent necessary to make payments for the system. The contractor/vendor must certify to the school district an energy savings equal to or greater than the cost of procurement/installation. Principal payments may not be made until a corresponding amount of energy and energy related operating savings has been realized by the school district. A school district shall not enter into a guaranteed energy cost savings contract without first soliciting competitive proposals as required by Section 8.231.2, RSMo.
Guaranteed Energy Savings Performance ContractsGuaranteed Energy Savings Performance Contract • August 13th, 2013
Contract Type FiledAugust 13th, 2013Pursuant to Section 8.231, RSMo, a guaranteed energy savings performance contract is a contract for the implementation of one or more energy saving measures that may be applied to an existing school district facility. The contract shall provide that all payments, except obligations on termination of the contract before its expiration,