South Dakota Codified Laws 1-33B-3.3. Measurement and verification defined
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For the purposes of this chapter, the term, measurement and verification, means the methodology, measurements, inspections, and mathematical calculations to determine utility consumption before and after an energy performance contract is implemented. The measurement and verification report may be for an individual cost-saving measure or an entire project. The governmental unit shall determine which measurement and verification method to utilize.
Terms Used In South Dakota Codified Laws 1-33B-3.3
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 2016, ch 14, § 4.