1-33B-3.3. Measurement and verification defined.
For the purposes of this chapter, the term, measurement and verification, means the methodology, measurements, inspections, and mathematical calculations to determine utility consumption before and after an energy performance contract is implemented. The measurement and verification report may be for an individual cost-saving measure or an entire project. The governmental unit shall determine which measurement and verification method to utilize.
Source: SL 2016, ch 14, ยง4.
Structure South Dakota Codified Laws
Title 1 - State Affairs and Government
Chapter 33B - Energy Performance Contracts
Section 1-33B-1 - Definition of terms.
Section 1-33B-2 - Energy conservation measure defined--Inclusions--Limitation.
Section 1-33B-3 - Request for proposals defined.
Section 1-33B-3.1 - Guaranteed cost savings defined.
Section 1-33B-3.2 - Investment-grade energy audit defined.
Section 1-33B-3.3 - Measurement and verification defined.
Section 1-33B-3.5 - Evaluation of qualifications and proposals.
Section 1-33B-3.6 - Contract negotiation.
Section 1-33B-3.7 - Preparation of investment-grade energy audit.
Section 1-33B-3.8 - Contents of investment-grade energy audit.
Section 1-33B-3.9 - Costs of the investment-grade energy audit.
Section 1-33B-3.10 - Funds for payment of energy performance contract.
Section 1-33B-3.12 - Costs for measurement and verification.
Section 1-33B-3.13 - Annual guaranteed cost savings--Shortfall.
Section 1-33B-8 - Written guarantee--Bond--Payment period not to exceed fifteen years.
Section 1-33B-9 - Contracts not subject to chapter 5-18A.
Section 1-33B-10 - Documentation of guaranteed savings--Deficiency paid by qualified provider.
Section 1-33B-11 - Executory contract clause--Liability of governmental unit.
Section 1-33B-12 - Continuance of contract--Payments.
Section 1-33B-13 - Termination of contract--Notice--Return of equipment or improvement.
Section 1-33B-14 - Functions of Governor's Office of Economic Development.
Section 1-33B-15 - Promulgation of rules.
Section 1-33B-16 - Powers of Governor's Office of Economic Development.
Section 1-33B-20 - Loans for analysis and installation of energy conservation measures.
Section 1-33B-21 - Foreclosure to protect loans.
Section 1-33B-22 - Disbursements from energy conservation special revenue fund.
Section 1-33B-23 - Parties to whom loans authorized.
Section 1-33B-24 - Acquisition, lease, and sale of energy saving equipment.