Title 50 — Title 50
0 chapters · 848 sections in this title.
O.C.G.A. § 50-37-1 Short title
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This chapter shall be known and may be cited as the ‘‘Guaranteed Energy Savings Performance Contracting Act.’’ History. — Code 1981, § 50-37-1, enacted by Ga. L. 2010, p. 1091, § 2/SB 194. 50-37-2. Definitions.
O.C.G.A. § 50-37-2 Definitions
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Unless otherwise provided, as used in this chapter, the term: (1) ‘‘Allowable costs’’ means equipment and project costs that: 749 50-37-2 (A) The governmental unit reasonably believes will be incurred during the term of the guaranteed energy savings performance contract; and (B) …
O.C.G.A. § 50-37-4 Contracts provisions
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(a) A guaranteed energy savings performance 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. The contract shall require the energy performance contractor to provide to t…
O.C.G.A. § 50-37-5 Funding for contracts
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(a) A governmental unit may use funds designated for operating, utilities, or capital expenditures for any guaranteed energy savings performance contract, including, without limitation, for purchases on an installment payment or lease purchase basis. (b) During the life of the co…
O.C.G.A. § 50-37-6 Review of capital improvement projects
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Every state agency shall periodically review all proposed capital improvement projects for potential applicability of this chapter and shall first consider proceeding with a guaranteed energy savings performance contract under this chapter where appropriate. History. — Code 1981, …
O.C.G.A. § 50-37-7 Requirements for state agencies
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Requirements for state agencies: (1) The director shall be authorized to promulgate any rules, regulations, stipulations, and policies necessary to carry out the terms and provisions of this Code section regarding contracting and procurement procedures for state agencies. Any rul…
O.C.G.A. § 50-37-8 Short title, §50-37-1
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GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACTS, §§50-37-1 to 50-37-8. Applicability of provisions, §50-37-7. Appropriations encumbered for payments, §50-37-7. Approval of contracts, §50-37-7. Award of contract, §50-37-3. Capital improvement project reviews, §50-37-6. Constructio…