(a) General rule.--Guaranteed energy savings contracts which have terms which extend beyond one fiscal year of the governmental unit must include a provision which allows the governmental unit to terminate the contract if in any fiscal year during the term of the contract the governmental unit does not receive sufficient funds in its annual appropriations to make the payments required under the contract.
(b) Funds.--A governmental unit may use funds designated for operating, utilities or capital expenditures for any guaranteed energy savings contract, including, without limitation, for purchases on an installment payment or lease purchase basis.
(c) Grants, subsidies or other payments.--Grants, subsidies or other payments from the Commonwealth to a governmental unit shall not be reduced as a result of energy conservation measure cost savings obtained as a result of a guaranteed energy savings contract during the life of the contract.
(Nov. 4, 2016, P.L.1216, No.163, eff. 60 days)
2016 Amendment. Act 163 amended subsec. (c).
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 37 - Contract Clauses and Preference Provisions
Section 3701 - Contract provisions prohibiting discrimination
Section 3731 - Short title of subchapter and general provisions
Section 3734 - Contract provisions
Section 3735 - Payment under contract and action to recover unauthorized payments
Section 3741 - Procurement of mass transportation vehicles
Section 3742 - Procurement limits for mass transportation authorities
Section 3751 - Short title of subchapter
Section 3753 - Contracting procedures
Section 3754 - Contract provisions
Section 3756 - Commonwealth contracts
Section 3758 - Review of proposed capital improvement projects