TITLE 44: GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT
AND PROPERTY MANAGEMENT
SUBTITLE B: SUPPLEMENTAL PROCUREMENT RULES CHAPTER XXV: SECRETARY OF STATE PART 2000 SECRETARY OF STATE STANDARD PROCUREMENT SECTION 2000.4030 RENEWAL OF LEASES
Section 2000.4030 Renewal of Leases
a) Leases may be renewed if:
1) The CPO determines in writing that such renewal is in the best interest of the State.
2) A Notice of renewal must be published in the Bulletin at least 60 days prior to the exercise of that option to renew a lease when required by a formal procurement.
b) Documentation justifying renewals will be maintained in Secretary of State lease files.
(Source: Amended at 47 Ill. Reg. 10622, effective July 3, 2023) |