Pillsbury Winthrop Shaw Pittman

California’s Prop 39 fund: up to $2.75bn for energy projects at public schools, colleges

By Philip Tendler, Brian Scaccia and Emily Burkett

On 27 June, governor Jerry Brown signed SB 73 into law as part of the state budget package. The bill established a Clean Energy Job Creation Fund, into which up to $550m each year will be transferred from California’s general fund to be allocated primarily as grants to public schools and community college districts for energy-efficiency upgrades. Contracts awarded for projects that involve Prop 39 funding will have to be put out for public bid and may be awarded on a ‘best-value’ basis, which considers price alongside other objective criteria as the basis for an award…

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