Bill Title: Amends the Illinois Procurement Code. Provides that a construction business with annual sales and receipts in excess of $45,000,000 but not over $67,500,000.00 is a mid-size business. Provides that each chief procurement officer has authority to designate a fair proportion of construction, supply, and service contracts as mid-size business set-asides for award to mid-size businesses in Illinois. Requires advertisements for bids or offers for those contracts to specify designation as mid-size business set-asides. Provides that, in awarding the contracts, only bids or offers from qualified mid-size businesses shall be considered.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-05-03 - Rule 2-10 Committee/3rd Reading Deadline Established As May 17, 2024
[SB3731 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2024-02-09 | HTML/Text | Link | View |
Amendments
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois SB3731 currently on file. |
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