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IL SB3328
Bill
Status
1/13/2021
Primary Sponsor
Michael Hastings
Click for details
AI Summary
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Amends the Illinois Procurement Code to require Standard Illinois Certifications for all small purchases with an annual value exceeding $50,000, in a form prescribed by each chief procurement officer.
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Creates new Section 20-57 to require Standard Illinois Certifications for all contracts under the Illinois Procurement Code with an annual value exceeding $50,000.
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Maintains existing small purchase thresholds of $100,000 for supplies, services, and construction, with annual inflation adjustments rounded to the nearest $100 based on the Consumer Price Index.
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Allows the chief procurement officers to modify the small purchase maximum through rules, with Board approval required.
Legislative Description
PROCURE-CONTRACT CERTIFICATION
Last Action
Session Sine Die
1/13/2021