(50 ILCS 20/20.25) (Section scheduled to be repealed on July 1, 2025)
Sec. 20.25. Minority and female owned enterprises; total construction budget. (a) Each year, within 60 days following the end of a commission's fiscal year, the commission shall provide a report to the General Assembly addressing the utilization of minority and female owned business enterprises on design-build projects. (b) The payments for design-build projects by any commission in one fiscal year shall not exceed 50% of the moneys spent on construction projects during the same fiscal year. (c) This Section is repealed on July 1, 2025; provided that any design-build contracts entered into before such date or any procurement of a project under this Act commenced before such date, and the contracts resulting from those procurements, shall remain effective.
(Source: P.A. 103-4, eff. 5-31-23.) |