SB2903

SB2903 amends the Civic Center Code to mandate competitive bidding for contracts exceeding the Illinois Procurement Code's small purchase maximum.

SB2903 revises the Civic Center Code to require competitive bidding for contracts exceeding the small purchase maximum under the Illinois Procurement Code, which is set at $10,000. This applies to contracts for the sale of property or any concession or lease of property for more than one year. The bill specifies that contracts should be awarded to the highest responsible bidder after advertising, except in cases where competitive bidding is not in the public's best interest, such as for specialized services or utilities.