Sen. Don Harmon

Filed: 3/11/2010

 

 


 

 


 
09600SB2810sam002 LRB096 19438 RLJ 38699 a

1
AMENDMENT TO SENATE BILL 2810

2     AMENDMENT NO. ______. Amend Senate Bill 2810 on page 1, by
3 replacing line 5 with the following:
4 "amended by changing Sections 20 and 25 as follows:
 
5     (50 ILCS 515/20)
6     Sec. 20. Guarantee. The guaranteed energy savings contract
7 shall include a written guarantee of the qualified provider
8 that either the energy or operational cost savings, or both,
9 will meet or exceed within 20 10 years the costs of the energy
10 conservation measures. The qualified provider shall reimburse
11 the unit of local government for any shortfall of guaranteed
12 energy savings projected in the contract. A qualified provider
13 shall provide a sufficient bond to the unit of local government
14 for the installation and the faithful performance of all the
15 measures included in the contract. The guaranteed energy
16 savings contract may provide for payments over a period of
17 time, not to exceed 20 10 years from the date of the final

 

 

09600SB2810sam002 - 2 - LRB096 19438 RLJ 38699 a

1 installation of the measures.
2 (Source: P.A. 88-173; 88-615, eff. 9-9-94.)".