SB1612 raises the threshold for competitive bidding in Illinois park districts.
SB1612 amends the Park District Code to increase the expenditure limit for contracts requiring competitive bidding from $30,000 to $50,000. This change applies to contracts for supplies, materials, or work in park districts. The bill also specifies that sealed bids must be opened publicly and that contracts must meet the district's established specifications. The changes are effective immediately upon the bill's enactment.
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