90-4-1113. Investment-grade energy audits.
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/mt/title-90/chapter-4/part-11/90-4-1113·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
90-4-1113 . Investment-grade energy audits.
(1)The qualified energy service provider selected by a governmental entity in accordance with 90-4-1112 shall prepare an investment-grade energy audit. The audit must be incorporated into an energy performance contract.
(2)An investment-grade energy audit must include estimates of all costs and guaranteed cost savings for the proposed energy performance contract including:
(a)design;
(b)engineering;
(c)equipment;
(d)materials;
(e)installation;
(f)maintenance;
(g)repairs;
(h)monitoring and verification;
(i)commissioning;
(j)training; and
(k)debt service.
(a)A qualified energy service provider and the governmental entity shall agree on the cost of an investment-grade energy audit before it is conducted.
(b)If an investment-grade energy audit is completed and the governmental entity does not execute an energy performance contract, the governmental entity shall pay the full cost of the investment-grade energy audit.
(c)If the governmental entity executes the energy performance contract, the cost of the investment-grade energy audit may be included in the costs of an energy performance contract or, at the discretion of the governmental entity, be paid for by the governmental entity.