(30 ILCS 500/40-30)
Leases of all space
in entire, free-standing
buildings shall include an option to purchase exercisable by the
State, unless the purchasing officer determines that inclusion of such purchase
option is not in the State's best interest and makes that determination in
writing along with the reasons for making that determination and publishes the
written determination in the appropriate volume of the Illinois Procurement Bulletin.
Leases from governmental units and not-for-profit entities are exempt from
the requirements of this Section.
(Source: P.A. 100-43, eff. 8-9-17; 100-201, eff. 8-18-17.)