SB2317 amends the State Finance Act to require signatures on certain transportation contracts.
SB2317 amends the State Finance Act to mandate that certain construction contracts procured by the Illinois Department of Transportation require the signature of the chief executive officer of the agency and the agency's chief legal counsel. The bill specifies that contracts, contract renewals, orders against a master contract, or amendments to existing contracts in the amount of $750,000 or more in a fiscal year must be signed. The Department of Transportation may adjust this monetary threshold annually to account for inflationary costs in highway construction.
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