92nd General Assembly
Summary of SB0735
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
Senate Sponsors:
BOMKE.

Short description: 
FINANCE-CONSTRUCTION CONTRACTS                                             

Synopsis of Bill as introduced:
        Amends the Illinois Procurement Code.  Adds masonry to  the  list      
   of work that requires that separate specifications be prepared for all      
   equipment, labor, and materials for building construction contracts in      
   excess of $250,000.                                                         
          FISCAL NOTE (Capital Development Board)                              
          SB 735 is expected to raise the cost of projects by as much as       
          10% to cover increased design, coordination and administrative       
          costs. The yearly impact is estimated to be $45,000,000. It is       
          also expected to raise the Agency's administrative costs by          
          approximately $1,000,000 in the first year and $600,000 yearly       
          thereafter.                                                          
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status