IL SB3830

Requires all bids and offers from responsive bidders, offerors, vendors, or contractors with an annual value exceeding the small purchase threshold (currently $50,000) to disclose financial interests and potential conflicts of interest, including ownership stakes, state employment history, and prior debarments or criminal convictions.

Financial disclosure must be filed with the Procurement Policy Board and Commission on Equity and Inclusion, become part of the public contract file, and be signed under penalty of perjury by authorized officers.

Grants businesses with gross sales exceeding $75,000,000 that receive Business Enterprise Council certification the right to retain that certification for the life of the contract including available renewals.

Provides procedures for curing deficiencies in utilization plans submitted with bids, allowing bidders up to 10 calendar days to cure deficiencies by contracting with certified Business Enterprise Program subcontractors or increasing work performed by existing certified vendors.

Establishes automatic certification procedures for businesses holding certifications from specified entities (Illinois Unified Certification Program, Women's Business Development Center, Chicago Minority Supplier Development Council) and requires the Business Enterprise Council to develop and maintain a repository of non-certified vendors.