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Purchasing committee takes CPACE RFQs under advisement, seeks third‑party administrator review
Summary
Committee accepted two RFQs for a third‑party administrator to run a Tennessee CPACE program for commercial properties; staff and a consultant said the county carries no financial liability and the administrator would handle applications, billing and collections.
The Rutherford County Purchasing Committee on July 15 agreed to take under advisement two RFQs seeking a third-party administrator to help implement a Commercial Property Assessed Clean Energy (CPACE) program in the county. County staff said the CPACE enabling legislation (passed in 2021 at the state level) allows commercial property owners to finance energy-efficiency and environmental improvements with a special assessment on the property; the county would act as an administrator or can hire a third-party administrator to operate…
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