SB2810sam002 96TH GENERAL ASSEMBLY

Sen. Don Harmon

Filed: 3/11/2010

09600SB2810sam002 LRB096 19438 RLJ 38699 a

AMENDMENT TO SENATE BILL 2810

AMENDMENT NO. ______. Amend Senate Bill 2810 on page 1, by replacing line 5 with the following: "amended by changing Sections 20 and 25 as follows:

(50 ILCS 515/20)

Sec. 20. Guarantee. The guaranteed energy savings contract shall include a written guarantee of the qualified provider that either the energy or operational cost savings, or both, will meet or exceed within 20 10 years the costs of the energy conservation measures. The qualified provider shall reimburse the unit of local government for any shortfall of guaranteed energy savings projected in the contract. A qualified provider shall provide a sufficient bond to the unit of local government for the installation and the faithful performance of all the measures included in the contract. The guaranteed energy savings contract may provide for payments over a period of time, not to exceed 20 10 years from the date of the final installation of the measures.

(Source: P.A. 88-173; 88-615, eff. 9-9-94.)".