Bill Text: IL SB2365 | 2013-2014 | 98th General Assembly | Chaptered
Bill Title: Amends the Illinois Power Agency Act. Includes references to the reduction of thermal load in the definitions of "energy efficiency" and "renewable energy resources". Makes corresponding changes to the definition of "Energy Efficiency Project" in the Illinois Finance Authority Act. Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 15-7)
Status: (Passed) 2013-11-15 - Public Act . . . . . . . . . 98-0595 [SB2365 Detail]
Download: Illinois-2013-SB2365-Chaptered.html
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Public Act 098-0595 | ||||
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AN ACT concerning State government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Public Private Agreements for the Illiana | ||||
Expressway Act is amended by changing Section 25 as follows:
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(605 ILCS 130/25)
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Sec. 25. Provisions of the public private agreement. | ||||
(a) The public private agreement shall include all of the | ||||
following: | ||||
(1) The term of the public private agreement that is | ||||
consistent with Section 15 of this Act; | ||||
(2) The powers, duties, responsibilities, obligations, | ||||
and functions of the Department and the contractor; | ||||
(3) Compensation or payments to the Department, if | ||||
applicable; | ||||
(4) Compensation or payments to the contractor; | ||||
(5) A provision specifying that the Department: | ||||
(A) has ready access to information regarding the | ||||
contractor's powers, duties, responsibilities, | ||||
obligations, and functions under the public private | ||||
agreement; | ||||
(B) has the right to demand and receive information | ||||
from the contractor concerning any aspect of the |
contractor's powers, duties, responsibilities, | ||
obligations, and functions under the public private | ||
agreement; and | ||
(C) has the authority to direct or countermand | ||
decisions by the contractor at any time; | ||
(6) A provision imposing an affirmative duty on the | ||
contractor to provide the Department with any information | ||
the contractor reasonably believes the Department would | ||
want to know or would need to know to enable the Department | ||
to exercise its powers, carry out its duties, | ||
responsibilities, and obligations, and perform its | ||
functions under this Act or the public private agreement or | ||
as otherwise required by law; | ||
(7) A provision requiring the contractor to provide the | ||
Department with advance notice of any decision that bears | ||
significantly on the public interest so the Department has | ||
a reasonable opportunity to evaluate and countermand that | ||
decision pursuant to this Section; | ||
(8) A requirement that the Department monitor and | ||
oversee the contractor's practices and take action that the | ||
Department considers appropriate to ensure that the | ||
contractor is in compliance with the terms of the public | ||
private agreement; | ||
(9) The authority of the Department to enter into | ||
contracts with third parties pursuant to Section 50 of this | ||
Act; |
(10) A provision governing the contractor's authority | ||
to negotiate and execute subcontracts with third parties; | ||
(10.5) A provision stating that, in the event that the | ||
contractor does not have a subcontract with a design-build | ||
entity in effect at the time of execution of the | ||
public-private agreement by the Department, the contractor | ||
must the contractor finds it necessary, proper, or | ||
desirable to enter into subcontracts with one or more | ||
design-build entities, then it must follow a selection | ||
process that is, to the greatest extent possible, identical | ||
to the selection process contained in the Design-Build | ||
Procurement Act; | ||
(11) The authority of the contractor to impose user | ||
fees and the amounts of those fees, including the authority | ||
of the contractor to use congestion pricing, pursuant to | ||
which higher tolls rates are imposed during times or in | ||
locations of increased congestion; | ||
(12) A provision governing the deposit and allocation | ||
of revenues including user fees; | ||
(13) A provision governing rights to real and personal | ||
property of the State, the Department, the contractor, and | ||
other third parties; | ||
(14) A provision stating that the contractor must, | ||
pursuant to Section 75 of this Act, finance an independent | ||
audit if the construction costs under the contract exceed | ||
$50,000,000; |
(15) A provision regarding the implementation and | ||
delivery of a comprehensive system of internal audits; | ||
(16) A provision regarding the implementation and | ||
delivery of reports, which must include a requirement that | ||
the contractor file with the Department, at least on an | ||
annual basis, financial statements containing information | ||
required by generally accepted accounting principles | ||
(GAAP); | ||
(17) Procedural requirements for obtaining the prior | ||
approval of the Department when rights that are the subject | ||
of the agreement, including but not limited to development | ||
rights, construction rights, property rights, and rights | ||
to certain revenues, are sold, assigned, transferred, or | ||
pledged as collateral to secure financing or for any other | ||
reason; | ||
(18) Grounds for termination of the agreement by the | ||
Department or the contractor and a restatement of the | ||
Department's rights under Section 35 of this Act; | ||
(19) A requirement that the contractor enter into a | ||
project labor agreement pursuant to Section 100 of this | ||
Act; | ||
(19.5) A provision stating that construction | ||
contractors shall comply with the requirements of Section | ||
30-22 of the Illinois Procurement Code pursuant to Section | ||
100 of this Act; | ||
(20) Timelines, deadlines, and scheduling; |
(21) Review of plans, including development, | ||
financing, construction, management, or operations plans, | ||
by the Department; | ||
(22) Inspections by the Department, including | ||
inspections of construction work and improvements; | ||
(23) Rights and remedies of the Department in the event | ||
that the contractor defaults or otherwise fails to comply | ||
with the terms of the agreement; | ||
(24) A code of ethics for the contractor's officers and | ||
employees; and | ||
(25) Procedures for amendment to the agreement. | ||
(b) The public private agreement may include any or all of | ||
the following: | ||
(1) A provision regarding the extension of the | ||
agreement that is consistent with Section 15 of this Act; | ||
(2) Cash reserves requirements; | ||
(3) Delivery of performance and payment bonds or other | ||
performance security in a form and amount that is | ||
satisfactory to the Department; | ||
(4) Maintenance of public liability insurance; | ||
(5) Maintenance of self-insurance; | ||
(6) Provisions governing grants and loans, pursuant to | ||
which the Department may agree to make grants or loans for | ||
the development, financing, construction, management, or | ||
operation of the Illiana Expressway project from time to | ||
time from amounts received from the federal government or |
any agency or instrumentality of the federal government or | ||
from any State or local agency; | ||
(7) Reimbursements to the Department for work | ||
performed and goods, services, and equipment provided by | ||
the Department; and | ||
(8) All other terms, conditions, and provisions | ||
acceptable to the Department that the Department deems | ||
necessary and proper and in the public interest.
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(Source: P.A. 96-913, eff. 6-9-10; 97-808, eff. 7-13-12.)
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