42 U.S.C. § 8287d : US Code - Section 8287D: Assistance to Federal agencies in achieving energy efficiency in Federal facilities and operations

Search 42 U.S.C. § 8287d : US Code - Section 8287D: Assistance to Federal agencies in achieving energy efficiency in Federal facilities and operations

The Secretary in fiscal year 1999 and thereafter, shall continue
the process begun in fiscal year 1998 of accepting funds from other
Federal agencies in return for assisting agencies in achieving
energy efficiency in Federal facilities and operations by the use
of privately financed, energy savings performance contracts and
other private financing mechanisms. The funds may be provided after
agencies begin to realize energy cost savings; may be retained by
the Secretary until expended; and may be used only for the purpose
of assisting Federal agencies in achieving greater efficiency,
water conservation and use of renewable energy by means of
privately financed mechanisms, including energy savings performance
contracts and utility incentive programs. These recovered funds
will continue to be used to administer even greater energy
efficiency, water conservation and use of renewable energy by means
of privately financed mechanisms such as utility efficiency service
contracts and energy savings performance contracts. The recoverable
funds will be used for all necessary program expenses, including
contractor support and resources needed, to achieve overall Federal
energy management program objectives for greater energy savings.
Any such privately financed contracts shall meet the provisions of
the Energy Policy Act of 1992, Public Law 102-486 regarding energy
savings performance contracts and utility incentive programs.