South Carolina Statutes
§ 48-52-660 — Lease purchase agreements with energy efficiency products vendors and utility companies; procurements for energy-using goods and facilities.
(A)A state agency or political subdivision of the State may enter into lease purchase agreements for a duration of more than one year with vendors of energy efficiency products and utility companies. No funds disclaimer clause as provided for in Section 11-35-2030 is required in these contracts. Repayment is allowed from savings on the entity's budget.
(B)Procurements under the South Carolina Consolidated Procurement Code for energy-using goods and facilities must be procured through competitive sealed proposals pursuant to Section 11-35-1530 with life cycle cost criteria stated as an evaluation factor that must be addressed in a proposal.
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South Carolina § 48-52-660 (Lease purchase agreements with energy efficiency products vendors and utility companies; procurements for energy-using goods and facilities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1992 Act No. 449, Part II, SECTION 1; 1999 Act No. 89, SECTION 3.
Nearby Sections
15
§ 48-52-10
Short title.§ 48-52-210
Policy and purpose.§ 48-52-220
"Renewable energy resources" defined.§ 48-52-410
State Energy Office established; purpose.§ 48-52-420
Duties of State Energy Office.§ 48-52-430
Annual state energy action plan.§ 48-52-435
Prior approval required for studies of alternative energy usage or conservation measures.§ 48-52-470
Funding for State Energy Office.