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PACE Model Contract MISCELLANEOUS/CONSULTANT SERVICES Updated January 1, 2011, Model for 2012 STATE AGENCY (Name and Address): New York State Department of Health Office of Health Insurance Programs

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What is pace model contract?

The pace model contract is a legal agreement between a property owner and a financing provider that outlines the terms and conditions for financing energy efficiency and renewable energy upgrades through the Property Assessed Clean Energy (PACE) program.

Who is required to file pace model contract?

Both the property owner and the financing provider are required to file the pace model contract as part of the PACE program process.

How to fill out pace model contract?

The pace model contract can be filled out by providing the necessary information about the property, the proposed energy efficiency upgrades, the financing terms, and signatures from both parties involved.

What is the purpose of pace model contract?

The purpose of the pace model contract is to establish a legally binding agreement between the property owner and the financing provider to ensure that the energy efficiency upgrades are completed and paid for.

What information must be reported on pace model contract?

The pace model contract must include details about the property, the proposed upgrades, the financing terms, the repayment schedule, and any other relevant information required by the PACE program guidelines.

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