S. 239, Energy Savings Through Public-Private Partnerships Act of 2017

Cost Estimate

As reported by the Senate Committee on Energy and Natural Resources on May 24, 2017

View Document142.19 KB

Corrections and Updates

The previous estimate for S. 239 was transmitted on July 7, 2017. While the basis of our previous estimate for S. 239 provided accurate estimates and information about budgetary effects attributable to ESPC-related commitments made in a given year, the tables in that cost estimate contained two errors. Specifically, the amounts of increased direct spending (following CBO’s usual methods) and the memorandum reflecting the estimated net present value of ESPC-related commitments (following the methodology required by section 3207 of the Concurrent Resolution on the Budget for Fiscal Year 2016) were incorrect. This revised estimate corrects those errors.