Utah § 11-44-202 Types of agreements.

Utah Statutes

§ 11-44-202 — Types of agreements.

Utah § 11-44-202

Title 11Cities, Counties, and Local Taxing Units

Ch. 11-44Performance Efficiency Act

Part 11-44-2Performance Efficiency Programs and Agreements

This text of Utah § 11-44-202 (Types of agreements.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 11-44-202 (2026).

Text

Notwithstanding Section 63G-6a-1205, a political subdivision shall structure a performance efficiency agreement as a guaranteed performance efficiency agreement, which shall include:

(1)the design and installation of a performance efficiency measure, if applicable;

(2)operation and maintenance of a performance efficiency measure implemented; and

(3)guaranteed annual cost savings that meet or exceed the total annual agreement payments by the political subdivision under the agreement, including financing charges incurred by the political subdivision over the life of the agreement.

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Notwithstanding Section 63G-6a-1205, a political subdivision shall structure a performance efficiency agreement as a guaranteed performance efficiency agreement, which shall include:
(1) the design and installation of a performance efficiency measure, if applicable;
(2) operation and maintenance of a performance efficiency measure implemented; and
(3) guaranteed annual cost savings that meet or exceed the total annual agreement payments by the political subdivision under the agreement, including financing charges incurred by the political subdivision over the life of the agreement.