Illinois General Assembly - Bill Status for HB3536

Creates the Illinois Historically Underutilized Business Zone Act. Establishes the IHUBZone Program. Provides that the Department of Commerce and Community Affairs may designate certain financially distressed areas as IHUBZones. Sets forth the requirements for a small business to qualify under the IHUBZone Program. Provides that a sole source State contract may be awarded to a qualified IHUBZone small business if the qualified IHUBZone small business is determined to be a responsible contractor, the contracting officer does not have a reasonable expectation that 2 or or more qualified IHUBZone small businesses will submit offers for the contracting opportunity, the anticipated award price of the contract, including options, will not exceed $3,000,000, and the contract award can be made at a fair and reasonable price. Provides that a contracting officer shall award contracting opportunities on the basis of competition restricted to qualified IHUBZone small businesses if he or she has a reasonable expectation that not less than 2 qualified IHUBZone small businesses will submit offers and that the award can be made at a fair market price. Provides that if a contract is to be awarded on the basis of full and open competition, the price offered by a qualified IHUBZone small business shall be deemed as being lower than the price offered by another bidder, other than another qualified IHUBZone small business, if the price offered by the qualified IHUBZone small business is not more than 10% higher than the price offered by the otherwise lowest responsive and responsible bidder. Provides that any individual or entity that knowingly misrepresents the status of a business concern as a qualified IHUBZone small business commits a Class 3 felony. Contains other provisions. Amends the Illinois Procurement Code. Provides that the provisions of the Code regarding construction contracts are subject to the Illinois Historically Underutilized Business Zone Act. Provides that contracts shall be awarded to qualified IHUBZone small businesses under the Illinois Historically Underutilized Business Zone Act.

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