SB1423 amends the Illinois Procurement Code to allow set-asides for veteran-owned small businesses in construction, supply, and service contracts.
SB1423 amends the Illinois Procurement Code to allow each chief procurement officer to designate a fair proportion of construction, supply, and service contracts for veteran-owned small businesses in Illinois. These businesses must be certified by the Commission on Equity and Inclusion. The bill also requires annual reporting to the General Assembly on the number and value of contracts awarded to these businesses.
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