Amends the Civic Center Code to adjust the bidding threshold for contracts and leases.
The bill amends the Civic Center Code to change the threshold for contracts requiring competitive bidding. It specifies that contracts for the sale of property or leases exceeding the small purchase maximum under the Illinois Procurement Code will be awarded to the highest responsible bidder. It also details exceptions where competitive bidding is not required, such as for repair parts or services like water and power. The bill takes effect immediately upon becoming law.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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