093_HB2643
LRB093 10895 JAM 11409 b
1 AN ACT concerning procurement.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Procurement Code is amended by
5 adding Section 40-45 as follows:
6 (30 ILCS 500/40-45 new)
7 Sec. 40-45. Nonperformance of terms for improvements. A
8 lease may provide for a percentage reduction in lease
9 payments when the lessor fails to make improvements required
10 by the lease. The reduction in payments shall continue until
11 the lessor complies with the lease. The using agency and the
12 Department of Central Management Services must certify the
13 improvements as acceptable before the reduction in payments
14 ceases.