Section 680.240  Transferring of Bid Credits

a)         Bid credit certificates may be combined for a specific project.

b)         Bid credits cannot be bought, sold, or gifted to another contractor or subcontractor.

c)         Bid credits may be transferred to another entity through a merger or acquisition.

(Source:  Added at 49 Ill. Reg. 7298, effective May 7, 2025)