HB2786 EngrossedLRB104 10487 HLH 20562 b

1    AN ACT concerning finance.
 
2    Be it enacted by the People of the State of Illinois, 
3represented in the General Assembly:
 
4    Section 5. The Architectural, Engineering, and Land 
5Surveying Qualifications Based Selection Act is amended by 
6changing Section 45 as follows:
 
7    (30 ILCS 535/45)  (from Ch. 127, par. 4151-45)
8    Sec. 45. Small contracts.  
9    (a) The provisions of Sections 25, 30, and 35 do not apply 
10to architectural, engineering, and land surveying contracts 
11with an estimated basic professional services fee of less than 
12the maximum estimated basic professional services fee set 
13forth in this Section $25,000.
14    (b) As used in this Section: 
15    "Consumer price index-u" means the index published by the 
16Bureau of Labor Statistics of the United States Department of 
17Labor that measures the average change in prices of goods and 
18services purchased by all urban consumers, United States city 
19average, all items, 1982-84=100. 
20    "Maximum estimated basic professional services fee" means: 
21        (1) for contracts entered into before the effective 
22    date of this amendatory Act of the 104th General Assembly, 
23    $25,000; 
 
 
HB2786 Engrossed- 2 -LRB104 10487 HLH 20562 b

1        (2) for contracts entered into on or after the 
2    effective date of this amendatory Act of the 104th General 
3    Assembly and before January 1, 2027, $40,000; and 
4        (3) for contracts entered into on or after January 1, 
5    2027, the maximum estimated basic professional services 
6    fee for the calendar year immediately preceding the 
7    calendar year in which the contract is entered into, 
8    increased by a percentage equal to the annual unadjusted 
9    percentage increase, if any, in the Consumer Price Index-u 
10    during the 12-month period ending in September of the 
11    immediately preceding calendar year and rounded to the 
12    nearest $10. 
13(Source: P.A. 92-861, eff. 1-3-03.)