SB2296 exempts public institutions of higher education from the Illinois Procurement Code, except for specific procurements.

SB2296 amends the Illinois Procurement Code to exempt public institutions of higher education from its provisions, except for certain procurements. These include contracts for medical supplies or services, investment services, and events or activities funded by sponsors. The bill also mandates monthly reporting of procurements to the Chief Procurement Officer and requires publication of contract renewals in the Illinois Public Higher Education Procurement Bulletin. The Chief Procurement Officer can waive certain procurement requirements if deemed impractical.

SB2296 exempts public institutions of higher education from the Illinois Procurement Code, except for specific procurements.

SB2296 amends the Illinois Procurement Code to exempt public institutions of higher education from its provisions, except for certain procurements. These include contracts for medical supplies or services, investment services, and events or activities funded by sponsors. The bill also mandates monthly reporting of procurements to the Chief Procurement Officer and requires publication of contract renewals in the Illinois Public Higher Education Procurement Bulletin. The Chief Procurement Officer can waive certain procurement requirements if deemed impractical.