Terms Used In Utah Code > Title 11 > Chapter 44 > Part 3 - Qualified Performance Efficiency Service Providers

• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• Child: means the same as that term is defined in Section 81-6-101. See Utah Code 15-4-1 v2
• Contract: A legal written agreement that becomes binding when signed.
• Cost savings: means a decrease in an expenditure, including a future replacement expenditure, by a political subdivision resulting from a performance efficiency measure adopted under this chapter. See Utah Code 11-44-102
• Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. ^{Source: OCC}
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Obligation: includes a liability in tort and contractual obligations. See Utah Code 15-4-1
• Performance efficiency agreement: means an agreement between a political subdivision and a qualified performance efficiency service provider for evaluation, recommendation, and implementation of one or more performance efficiency measures. See Utah Code 11-44-102
• Performance efficiency measure: includes :
            (5)(b)(i) insulation installed in a wall, roof, floor, foundation, or heating and cooling distribution system;
            (5)(b)(ii) a storm window or door, multiglazed window or door, heat absorbing or heat reflective glazed and coated window or door system, additional glazing, or reduction in glass area;
            (5)(b)(iii) an automatic energy control system;
            (5)(b)(iv) a heating, ventilating, or air conditioning and distribution system modification or replacement in a facility;
            (5)(b)(v) caulking and weatherstripping;
            (5)(b)(vi) a replacement or modification of a lighting fixture to increase the energy efficiency of the lighting system without increasing the overall illumination of a facility unless the increase in illumination is necessary to conform to the applicable building code for the proposed lighting system;
            (5)(b)(vii) an energy recovery system;
            (5)(b)(viii) a cogeneration system that produces steam or another form of energy for use primarily within a facility;
            (5)(b)(ix) a renewable energy or alternate energy system;
            (5)(b)(x) a change in operation or maintenance practice;
            (5)(b)(xi) a procurement of a low-cost energy supply, including electricity, natural gas, or water;
            (5)(b)(xii) an indoor air quality improvement that conforms to applicable building code requirements;
            (5)(b)(xiii) a daylighting system;
            (5)(b)(xiv) a building operation program that provides cost savings, including computerized energy management and consumption tracking programs or staff and occupant training;
            (5)(b)(xv) a service to reduce utility costs by identifying utility errors and optimizing rate schedules; or
            (5)(b)(xvi) the purchase and operation of an alternative fuel vehicle and the infrastructure to support the operation of alternative fuel vehicles. See Utah Code 11-44-102
• Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
• Qualified performance efficiency service provider: means a person who:
       (7)(a) has a record of successful performance efficiency agreements; or
       (7)(b) has:

            (7)(b)(i) experience in the design, implementation, and installation of performance efficiency measures;

            (7)(b)(ii) technical capabilities to ensure that a performance efficiency measure generates cost savings; and

            (7)(b)(iii) the ability to secure the financing necessary to support the proposed performance efficiency measure. See Utah Code 11-44-102
• School fee: includes :
            (4)(b)(i) an admission fee;
            (4)(b)(ii) a transportation charge; or
            (4)(b)(iii) a charge, deposit, rent, or other mandatory payment imposed by a third party in connection with an activity or function sponsored by a school described in Subsection (4)(a). See Utah Code 15-4-1
• Trustee: A person or institution holding and administering property in trust.
• Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. ^{Source: OCC}
• Waiver: means the act of not requiring an individual to pay an amount that the individual otherwise owes. See Utah Code 15-4-1