Illinois General Assembly - Illinois Compiled Statutes

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70 ILCS 2605/11.7

(70 ILCS 2605/11.7) (from Ch. 42, par. 331.7)

Sec. 11.7.

All proposals to award purchase orders or contracts
involving amounts in excess of the mandatory competitive bid threshold shall be
published
at least 12 calendar days in advance of the date announced for the receiving of
bids, in a secular English language newspaper of general circulation in
said sanitary district and shall be posted simultaneously on readily
accessible bulletin boards in the principal office of the sanitary
district. Nothing contained in this section shall be construed to
prohibit the placing of additional advertisements in recognized trade
journals. Advertisements for bids shall describe the character of the
proposed contract or agreement in sufficient detail either in the
advertisement itself or by reference to plans, specifications or other
detail on file at the time of publication of the first announcement, to
enable the bidders to know what their obligation will be. The
advertisement shall also state the date, time and place assigned for the
opening of bids. No bids shall be received at any time subsequent to the
time indicated in the announcement; however, an extension of time may be
granted for the opening of such bids upon publication in the same
newspaper of general circulation in said sanitary district stating the
date to which bid opening has been extended. The time of the extended
bid opening shall not be less than 5 days after publication, Sundays and
legal holidays excluded.

Cash, cashier's check or a certified check payable to the clerk and
drawn upon a bank, as a deposit of good faith, in a reasonable amount
not in excess of 10% of the contract amount, may be required of each
bidder by the director of procurement and materials management on all bids involving amounts in excess
of the mandatory competitive bid threshold. If a deposit is
required, the advertisement for
bids shall so specify.  Instead of a deposit, the director of procurement and materials management may allow
the use of a bid bond if the bond is issued by a surety company that is listed
in the Federal Register and is authorized to do business in the State of
Illinois.

(Source: P.A. 95-923, eff. 1-1-09.)