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Public Contracts Suppliers

BCLP

Part 4, Procurement Act 2023: Implied Terms, Contract Performance and Transparency

BCLP on

An Insight, first published in PLC, on Part 4 of the Procurement Act 2023, in particular the new contract management requirements for public contracts and the increased focus on supplier performance and transparency. ...more

Franczek P.C.

Recommended Board Policy Update to Comply with New Competitive Bidding Threshold

Franczek P.C. on

As we detailed in a prior alert, Section 10-20.21 of the School Code was amended to increase the competitive bidding threshold from $25,000 to $35,000. The amendments went into effect January 1, 2024....more

Franczek P.C.

Illinois Passes New Law Increasing the Competitive Bidding Threshold for Schools

Franczek P.C. on

This month, Governor Pritzker signed Public Act 103-0008 (House Bill 3817) into law, which establishes the Budget Implementation Act for fiscal year 2024. While there are a multitude of amendments to the Act, one significant...more

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