TITLE 44: GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT
AND PROPERTY MANAGEMENT
SUBTITLE A: PROCUREMENT AND CONTRACT PROVISIONS CHAPTER II: CHIEF PROCUREMENT OFFICER FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION PART 4 CHIEF PROCUREMENT OFFICER FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION STANDARD PROCUREMENT SECTION 4.5 POLICY
Section 4.5 Policy
The principles of competitive bidding and economical procurement practices shall apply to all purchases and contracts by or for the universities, except as otherwise provided by law, this Part and other applicable rules. It is the policy of the CPO-HE that all activities of the State Purchasing Officers (SPOs) and others conducting procurement related activity maximize the value of the expenditure of public funds in procuring contracts, and that those appointed to conduct procurement related activity act in a manner that maintains public trust in the integrity of the process.
(Source: Amended at 43 Ill. Reg. 1781, effective February 15, 2019) |