Illinois HB4647 amends the Civic Center Code to adjust the bidding threshold for property sales and contracts.
HB4647 modifies the Civic Center Code to change the threshold for competitive bidding on property sales and contracts. Contracts for property sales exceeding the small purchase maximum under the Illinois Procurement Code will now be awarded to the highest responsible bidder. Similarly, construction contracts and contracts for supplies, materials, equipment, and services exceeding this threshold will be awarded to the lowest responsible bidder, except in specified circumstances.
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- Legal Framework
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