(65 ILCS 5/8-10-10) (from Ch. 24, par. 8-10-10)
Sec. 8-10-10.
The award of any contract involving amounts in excess
of $10,000 shall be made by the purchasing agent to the lowest or highest
responsible bidder as provided in Section 8-10-3. Every contract
involving amounts in excess of $10,000 shall be signed by the mayor or
his duly designated agent, by the comptroller and by the purchasing
agent, respectively, of such municipality. Each bid, with the name of
the bidder, shall be entered on a record which record with the name of
the successful bidder indicated thereon, shall, after award of contract,
be open to public inspection in the office of the purchasing agent of
such municipality.
All purchase orders or contracts involving amounts of $10,000 or less
shall be awarded by the purchasing agent to the lowest or highest
responsible bidder as provided in Section 8-10-3 and shall be signed by
the purchasing agent and by the comptroller.
An official copy of each awarded purchase order or contract together
with all necessary attachments thereto, including assignments and
written consents thereto of the purchasing agent as authorized by
Section 8-10-14, shall be retained by the purchasing agent in an
appropriate file open to the public for such period of time after
termination of contract during which action against the municipality
might ensue under applicable laws of limitation. After such period such
purchase orders, contracts and attachments may be destroyed by direction
of the purchasing agent.
(Source: P.A. 81-1376.)
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