Colorado Code § 24-30-2003

Energy cost-savings contracts
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(1) A state agency may enter into an
energy cost-savings contract with any person or entity experienced in the design and
implementation of utility cost-savings measures for buildings or other facilities, with any person
or entity experienced in the calculation and analysis of vehicle fleet operational and fuel cost
savings, or with the entity or person who performed the energy analysis and recommendations
pursuant to section 24-30-2002 if:
(a) (I) In the case of a utility cost-savings contract, the energy analysis and
recommendations made pursuant to section 24-30-2002 indicate that the expected annual
contract payments required under the utility cost-savings contract and any additional
maintenance costs for one or more utility cost-savings measures are expected to be equal to or
less than the sum of the utility cost savings and operation and maintenance cost savings achieved
by the implementation of such measures on an annual basis; or
(II) In the case of a vehicle fleet operational and fuel cost-savings contract, the energy
analysis and recommendations made pursuant to section 24-30-2002 indicate that the expected
annual contract payments required under the vehicle fleet operational and fuel cost-savings
contract for one or more vehicle fleet operational and fuel cost-savings measures are expected to
be equal to or less than the sum of the vehicle fleet cost savings achieved by the implementation
of such measures on an annual basis; and
(b) The state personnel director or the director's designee, with input from the director of
the state energy office, pursuant to criteria contained in procedures established by the state
personnel director, approves the energy analysis and recommendations made pursuant to section
24-30-2002.
(2) (a) Except as provided in paragraph (b) of this subsection (2), an energy cost-savings
contract shall be negotiated by the state agency pursuant to the negotiation requirements
described in part 14 of this article.
(b) The negotiation requirements described in part 14 of this article and any other state
competitive bidding or procurement provision shall not apply to a state agency that enters into an
energy cost-savings contract with the entity or person who performed the energy analysis for and
made recommendations to the state agency pursuant to section 24-30-2002.
(3) An energy cost-savings contract may include appropriate financed purchase of an
asset or certificate of participation or other authorized financing agreements.
(4) The legislative authorization required by section 24-82-801 (1) shall not apply to a
financed purchase of an asset or certificate of participation agreement in an energy cost-savings
contract and no subsequent legislative authorization shall be required for any payment made
pursuant to such an agreement.
(5) Payments by a state agency required under an energy cost-savings contract may be
made from moneys appropriated to the state agency for operating expenses or utilities
appropriations available to the state agency at the time the contract payments are due.
(6) The provisions of articles 91 and 92 of this title shall not apply to utility cost-savings
contracts.
(7) Utility cost-savings contracts shall be subject only to the supervisory provisions of
part 13 of this article.
(8) All savings realized as a result of an energy cost-savings contract that are in excess
of the annual calculated savings by such contract may be utilized as provided in section 24-75-
108 (3).
(9) The energy cost-savings contracts authorized by this section shall provide that all of
the obligations of the state under such contracts shall be subject to the action of the general
assembly in annually making moneys available for all payments thereunder and that the
obligations shall not be deemed or construed as creating an indebtedness of the state within the
meaning of any provision of the state constitution or the laws of the state concerning or limiting
the creation of indebtedness by the state and shall not constitute a multiple fiscal-year direct or
indirect debt or other financial obligation of the state within the meaning of section 20 (4) of
article X of the constitution.
(10) The state personnel director may establish procedures containing criteria for
authorization of energy cost-savings contracts.

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