Indiana § 21-33-4-2 - Proposals; contracts; bonds
Full text of Indiana Indiana Code § 21-33-4-2 — Proposals; contracts; bonds, with citation guidance and answers to common questions.
§ 21-33-4-2. Proposals; contracts; bonds
Sec. 2. A state educational institution may submit a request for proposals to qualified providers for an energy cost savings contract and may enter into an energy cost savings contract with a qualified provider under this chapter. The contract must provide that all payments, except obligations on termination of the contract before its expiration, are to be made over time. The contract may provide that energy cost savings are guaranteed by the qualified provider to the extent necessary to make payments for the qualified energy savings project. A qualified provider shall provide a sufficient bond to the state educational institution for the installation and the faithful performance of all the measures included in the contract. The contract may also include contracts for building operation programs and maintenance and management or similar agreements with the qualified provider to reduce energy or operational costs.
[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(e).]
As added by P.L.2-2007, SEC.274.
Frequently Asked Questions About Indiana § 21-33-4-2
What does Indiana Code § 21-33-4-2 cover?
Section 21-33-4-2 ("Proposals; contracts; bonds") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 21-33-4-2?
A common citation format is "Indiana Code § 21-33-4-2" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 21-33-4-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.