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92_SB0985
LRB9203113MWcd
1 AN ACT concerning the Chicago Transit Authority.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Metropolitan Transit Authority Act is
5 amended by changing Section 32 as follows:
6 (70 ILCS 3605/32) (from Ch. 111 2/3, par. 332)
7 Sec. 32. The Board shall adopt regulations to insure
8 that the construction or acquisition by the Authority of
9 services or public transportation facilities (other than real
10 estate) involving a cost of more than $25,000 $10,000 and the
11 disposition of all property of the Authority shall be after
12 public notice and with public bidding. The regulations may
13 provide for exceptions to the requirements for the issuance
14 and sale of bonds or notes of the Authority, to the
15 acquisition of professional or utility services and to other
16 matters for which public bidding is disadvantageous. The
17 regulations may also provide for the use of competitive
18 negotiations or the prequalification of responsible bidders
19 consistent with applicable federal regulations. The
20 requirements set forth therein shall not apply to purchase of
21 service agreements or other contracts, purchases or sales
22 entered into by the Authority with any transportation agency
23 or unit of local government.
24 (Source: P.A. 86-1277.)