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Senate Substitute 1 for Senate Bill 322

142nd General Assembly (2003 - 2004)

Progress

Out of Committee 6/23/04
The General Assembly has ended, the current status is the final status.

Details

6/15/04
AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE ENERGY PERFORMANCE CONTRACTING ACT.
This Substitute modifies the original Act by relocating the provisions of Senate Bill No. 322 within 29 Del. C. Chap. 69. This Substitute also clarifies that agencies are guaranteed savings when using performance contracts, requires agencies to use state bid laws when entering into performance contracts, requires the bond to be equal to 100% of the value of the performance contract, requires the bond to be executed simultaneously with the performance contract, and requires qualified providers to adhere to the state public works contracting requirement. Finally, this Substitute provides that performance contracts must be approved by the Secretary of the Department of Administrative Services.
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