Section 550.101  Authority

Section 5 of the Illinois Purchasing Act, (Ill. Rev. Stat. 1981, ch. 127, par. 132.5) requires all purchases, contracts or other obligation or expenditure of funds by a state agency to be in accordance with rules and regulations promulgated by the state agency governing procurement practices and procedures.  These rules are adopted by the Agency in fulfillment of the requirements of the Illinois Purchasing Act.