Illinois SB0254 mandates best customer pricing for state procurement, ensuring equal pricing for all suppliers.
Illinois SB0254, the Best Consumer Price Act, requires public institutions of higher education and state agencies to procure goods at the best customer pricing. This pricing must be extended by manufacturers to all suppliers and resellers registered with the state. Suppliers and resellers must attest that the price is the best customer price and include a letter of supply from the manufacturer. The act aims to create a level playing field for all suppliers, particularly benefiting small and mid-sized businesses, including minority-owned, women-owned, and veteran-owned businesses.
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