"Affordable Power Purchase Agreements Extension Act"; concerns extension of certain public entity contracts related to energy conservation and renewable energy production.
Substituted by S4162 (1R)
Summary
The bill amends the state’s procurement statutes to add an exception that permits boards of education to extend the term of an existing renewable‑energy power purchase agreement. It applies when prior advertising yielded no bids or all bids were rejected as unreasonable, and the board follows a two‑thirds vote and other safeguards. The change is intended to keep schools’ clean‑energy supplies while avoiding costly re‑bidding delays.
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