70 ILCS 200/140-50
2021 Illinois Compiled Statutes|Chapter 70 - SPECIAL DISTRICTS|70 ILCS 200/ - Civic Center Code.|Article 140 - Leyden Township Space Needs Authority

Sec. 140-50.     Contracts.(a) All contracts for the sale of property of a value of more  than $10,000 or for a concession in or lease of property, including air  rights, of the Authority for a term of more than one year shall be awarded  to the highest responsible bidder after advertising for bids.  All  construction contracts and contracts for supplies, materials, equipment, and  services, when the expense will exceed $10,000, shall be let to the  lowest responsible bidder after advertising for bids, except (i) when  repair parts, accessories, equipment, or services are required for equipment  or services previously furnished or contracted for, (ii) when the nature of  the services required is such that competitive bidding is not in the best  interest of the public, including without limitation  the services of accountants, architects, attorneys, engineers,  physicians, superintendents of construction, and others possessing a high  degree of skill, and (iii) when services such as water, light, heat, power,  telephone, or telegraph are required.(b) All contracts involving less than $10,000 shall be let by competitive  bidding to the lowest responsible bidder whenever possible and, in any  event, in a manner calculated to ensure the best interests of  the public.  Competitive bidding is not required for the lease of real estate or  buildings owned or controlled by the Authority.  The Board is empowered to  offer those leases upon terms it deems advisable.(c) In determining the responsibility of any bidder, the Board may take  into account the past records of dealings with the bidder, the bidder's  experience, adequacy of equipment, and ability to complete performance  within the time set, and other factors besides financial responsibility,  but in no case shall any contracts be awarded to any other than the highest  bidder (in case of sale, concession, or lease) or the lowest bidder (in  case of purchase or expenditure) unless authorized or approved by a vote of  at least 5 members of the Board and unless the action is accompanied by a  statement in writing setting forth the reasons for not awarding the  contract to the highest or lowest bidder, as the case may be, which  statement shall be kept on file in the principal office of the Authority  and open to public inspection.(d) Members of the Board, officers and employees of the Authority, and their  relatives within the third degree of consanguinity by the terms of the  civil law are forbidden to be interested directly or indirectly in any  contract for construction or maintenance work or for the delivery of  materials, supplies, or equipment.(e) The Board shall have the right to reject all bids and to readvertise  for bids.  If no responsible and satisfactory bid within the terms of the  advertisement is received, the Board may award the contract without  competitive bidding if the contract is not less advantageous to the  Authority than any valid bid received in response to advertisement.(f) The Board shall adopt rules and regulations to carry into effect the  provisions of this Section.    (Source: P.A. 93-491, eff. 1-1-04.)