SB1612 amends Illinois laws to require competitive bidding for certain contracts involving expenditures over $50,000.
SB1612 modifies the Park District Code, Conservation District Act, and Downstate Forest Preserve District Act in Illinois. It mandates that all competitive bids for contracts involving expenditures over $50,000, or a lower amount if specified by board policy, must be sealed by the bidder and opened publicly. The bill also outlines exceptions to competitive bidding, such as for personal confidence or necessary supplies under monopolies. Additionally, it specifies that contracts for emergency expenditures are exempt from competitive bidding if approved by three-fourths of the board members.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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