SB1680 Summary

• Establishes a goal that not less than 3% of total dollar amount of State contracts be awarded to service-disabled veteran-owned small businesses (SDVOSB) and veteran-owned small businesses (VOSB), with subcontracting portions counting toward this goal.

• Grants chief procurement officers authority to designate a fair proportion of construction, supply, and service contracts as veteran small business set-asides, with only qualified SDVOSB or VOSB eligible to bid on such designated contracts.

• Requires each chief procurement officer to report annually by November 1 on VOSB and SDVOSB participation, including number of bids submitted and contracts awarded, with data separated between set-aside and non-set-aside contracts.

• Establishes certification requirements for SDVOSB and VOSB, requiring at least 51% ownership by qualified veterans living in Illinois with home office in the state, verified annually by Department of Central Management Services.

• Imposes penalties including suspension from State contracting for not less than 3 years and revocation of business certification for violations of fraud-related provisions, with extended suspension of not less than 5 years for additional violations.