IL SB2791

Allow State purchasing officers or chief procurement officers to award sole source contracts to qualified HUBZone small business concerns that meet specified criteria including being a responsible bidder and having anticipated award price not exceeding $5,000,000 for manufacturing or $3,000,000 for other contracts.

Enable contracts to be awarded based on competition restricted to qualified HUBZone small business concerns if the purchasing officer reasonably expects 2 or more such concerns will submit offers and the award can be made at fair market price.

Deem a qualified HUBZone small business concern's price lower than competing bids in competitive bidding processes if their price is not more than 10% higher than the lowest responsible bidder's price.

Define "qualified HUBZone small business concern" as a business located in Illinois that qualifies under the Historically Underutilized Business Zones (HUBZone) program administered by the U.S. Small Business Administration.

Require each chief procurement officer to establish rules for HUBZone business eligibility and verify accuracy of information submitted by qualified HUBZone concerns regarding contracts awarded under this section.