S.Amdt. 117Senate114th Congress (2015-2017)2nd degree
S.Amdt. 117
Sponsored by
Sen. Christopher A. Coons (D-DE)
Submitted January 22, 2015
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Senate amendment submitted
January 22, 2015
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Senate amendment submitted
January 22, 2015
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Senate amendment submitted
January 22, 2015
Text
Submitted
SA 117. Mr. COONS (for himself and Mr. Gardner) submitted an amendment intended to be proposed to amendment SA 2 proposed by Ms. Murkowski (for herself, Mr. Hoeven, Mr. Barrasso, Mr. Risch, Mr. Lee, Mr. Flake, Mr. Daines, Mr. Manchin, Mr. Cassidy, Mr. Gardner, Mr. Portman, Mr. Alexander, and Mrs. Capito) to the bill S. 1, to approve the Keystone XL Pipeline; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. __. SENSE OF SENATE. (a) Findings.--The Senate finds that-- (1) Energy Savings Performance Contracts and Utility Energy Service Contracts were first authorized by Congress in 1986 and 1992 respectively and reduce energy costs and consumption at Federal buildings and facilities without relying on additional appropriations; (2) the contracts described in paragraph (1) are financed by a third-party and realize sufficient energy savings to cover the cost of the financed improvements over the contract term; (3) the contractor provides a guarantee of energy savings for the Energy Savings Performance Contract and the utility provides energy savings performance assurances or guarantees of the savings for the Utility Energy Service Contract; (4) performance-based contracting is an opportunity for significant savings so much so that the Oak Ridge National Laboratory has determined that under an Energy Savings Performance Contract the total cost savings delivered to the Government is nearly twice the guaranteed amount; (5) the Energy Independence and Security Act of 2007 required a Government-wide audit of facilities and, although to date only \1/2\ of those buildings have been surveyed, it has been established that at least $9,000,000,000 worth of energy savings that could be achieved within a decade; (6) the Office of Management and Budget first recognized savings from Energy Savings Performance Contracts and Utility Energy Service Contracts on an annual basis throughout the term of the contract as far back as 1998; (7) the Congressional Budget Office instead has determined that the full cost of the authority to enter into the long- term contracts for capital investments be scored upfront as new mandatory spending while the savings in energy costs that flow from these investments be realized over time as part of the annual appropriations process; (8) the process described in paragraph (7) has continued to hinder the ability of Congress to pass legislation ensuring additional energy and cost savings to the Federal Government through utilization of these contracts despite the proven savings; and (9) there is broad bipartisan and bicameral recognition in Congress of the value of these energy saving contracts. (b) Sense of Senate.--It is the sense of the Senate that legislation regarding Energy Savings Performance Contracts and Utility Energy Service Contracts, and legislation which may lead to the use of those contracts by the Federal Government, should receive Congressional scoring treatment that allows future year guaranteed discretionary savings to be counted against the mandatory spending attributed to undertaking such contracts. ______