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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
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(70 ILCS 3605/32) (from Ch. 111 2/3, par. 332)
(Section scheduled to be repealed on June 1, 2026)
Sec. 32.
The Board shall adopt regulations to insure that the
acquisition by the Authority of services or public
transportation facilities (other than real estate) involving a cost of more
than the small purchase threshold set by the Federal Transit Administration and the disposition of all property of the Authority shall be
after public notice and with public bidding. The Board shall adopt regulations to ensure that the construction, demolition, rehabilitation, renovation, and building maintenance projects by the Authority for services or public transportation facilities involving a cost of more than $40,000 shall be after public notice and with public bidding. The regulations may provide
for exceptions to the requirements for the issuance and sale of bonds or
notes of the Authority, to the acquisition of professional or utility
services and to other matters for which public bidding is disadvantageous. The
regulations may also provide for the use of competitive negotiations or the
prequalification of responsible bidders consistent with applicable federal
regulations. The requirements set forth therein shall not apply to
purchase of service agreements or other contracts, purchases or sales
entered into by the Authority with any transportation agency or unit of
local government.
(Source: P.A. 100-523, eff. 9-22-17. Repealed by P.A. 104-457, eff. 6-1-26.)
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