Sec. 11.
The qualified energy service provider chosen as a result of the process set forth in this section shall prepare an investment grade energy audit, which, upon acceptance, shall be part of the final energy performance contract. The investment grade energy audit shall include estimates of the amounts by which utility cost savings and operation and maintenance cost savings would increase and itemized estimates of all costs of such utility cost-savings measures or energy-savings measures, including, but not limited to, all of the following:
(a) Design.
(b) Engineering.
(c) Equipment.
(d) Materials.
(e) Installation.
(f) Maintenance.
(g) Repairs.
(h) Debt service.
History: 2012, Act 625, Eff. Mar. 28, 2013
Structure Michigan Compiled Laws
Chapter 18 - Department of Management and Budget
Act 625 of 2012 - Cost-Effective Governmental Energy Use Act (18.1711 - 18.1725)
Section 18.1711 - Short Title; Meanings of Words or Phrases.
Section 18.1712 - "Cost-Effective" Defined.
Section 18.1713 - Definitions; C, D.
Section 18.1714 - Definitions; E to O.
Section 18.1715 - Definitions; P to U.
Section 18.1718 - Annual Report.
Section 18.1719 - Cost-Savings Measures at Governmental Facilities; Departmental Assistance.
Section 18.1720 - Fees Charged by Department; Limitation.
Section 18.1721 - Investment Grade Energy Audit.
Section 18.1722 - Use of Designated Funds, Bonds, or Master Lease; Financing by Third Party.
Section 18.1723 - Energy Performance Contract; Provisions; Extension; Limitation.
Section 18.1724 - Annual Reconciliation of Energy Savings; Liability for Shortfall; Report.