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IL HB0284
Bill
Status
8/25/2017
Primary Sponsor
William Davis
Click for details
AI Summary
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Adds Section 30-50 to the Illinois Procurement Code establishing requirements for mobilization payments in Department of Transportation contracts.
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Defines mobilization payment as an advance payment covering preparatory work, movement of personnel and equipment to project sites, and other startup costs when beginning work on a project.
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Requires that when a prime contractor uses subcontractors on a DOT contract with mobilization payments, the subcontract must include mobilization payment terms based on a tiered system ranging from 25% for subcontracts under $10,000 down to 7% for subcontracts over $750,000.
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Applies only to contracts entered into by the Department of Transportation.
Legislative Description
PROCUREMENT-MOBILIZATION PAY
Last Action
Public Act . . . . . . . . . 100-0333
8/25/2017