HB2878 Summary

• Establishes procurement preference for bidders employing former coal mine employees on abandoned mined land reclamation projects valued over $100,000, allowing up to 2% bid premium.

• Modifies single prime procurement rules for public institutions of higher education, requiring chief procurement officer approval based on specific evaluation criteria including diversity benefits and cost savings.

• Changes contract registration thresholds from "annually" to "pending" for determining when businesses must register with State Board of Elections, affecting $50,000+ contract requirement.

• Increases public construction bond threshold from $50,000 to $150,000 until January 1, 2029, with reporting requirements for Department of Transportation and Illinois State Toll Highway Authority on defaulted contracts and surety information.

• Adds provisions for Hotel Florence public-private partnership allowing 25-75 year agreements, unsolicited proposal process, and competitive procurement under state oversight.