PROMOTING LONG-TERM ENERGY SAVINGS PERFORMANCE CONTRACTS AND VERIFYING SAVINGS.

SEC. 513. PROMOTING LONG-TERM ENERGY SAVINGS PERFORMANCE CONTRACTS AND VERIFYING SAVINGS. Section 801(a)(2) of the National Energy Conservation Policy Act (42 U.S.C. 8287(a)(2)) (as amended by section 512) is amended—(1) in subparagraph (D), by inserting “beginning on the date of the delivery order” after “25 years”; and(2) by adding at the end the following:“(F) Promotion of contracts.—In carrying out this section, a Federal agency shall not—“(i) establish a Federal agency policy that limits the maximum contract term under subparagraph (D) to a period shorter than 25 years; or“(ii) limit the total amount of obligations under energy savings performance contracts or other private financing of energy savings measures.“(G) Measurement and verification requirements for private financing.—“(i) In general.—In the case of energy savings performance contracts, the evaluations and savings 121 STAT. 1659 measurement and verification required under paragraphs (2) and (4) of section 543(f) shall be used by a Federal agency to meet the requirements for the need for energy audits, calculation of energy savings, and any other evaluation of costs and savings needed to implement the guarantee of savings under this section.“(ii) Modification of existing contracts.—Not later than 18 months after the date of enactment of this subparagraph, each Federal agency shall, to the maximum extent practicable, modify any indefinite delivery and indefinite quantity energy savings performance contracts, and other indefinite delivery and indefinite quantity contracts using private financing, to conform to the amendments made by subtitle B of title V of the Energy Independence and Security Act of 2007.”.