70 ILCS 200/205-75
2021 Illinois Compiled Statutes|Chapter 70 - SPECIAL DISTRICTS|70 ILCS 200/ - Civic Center Code.|Article 205 - Peoria Civic Center

Sec. 205-75.     Bidding; advertisement.     All contracts to be let for the construction, alteration, improvement,  repair, enlargement, demolition or removal of any buildings or their  facilities, or for materials or supplies to be furnished, where the amount  thereof is in excess of $10,000 shall be let to the lowest  responsible  bidder, or bidders on open competitive bidding after public advertisement  published at least once in each week for 3 consecutive weeks  prior to  the opening of bids, in a daily newspaper of general circulation in the  county where the Authority is located, except (i) when repair parts,  accessories, equipment, or services are  required for  equipment or services previously furnished or contracted for or (ii) when the  nature of the  services is such that competitive bidding is not in the best interest of the  public.  Nothing contained in this Section  shall be construed to prohibit the Board of Commissioners from placing  additional advertisements in recognized trade journals. Advertisements for  bids shall describe the character of the proposed contract in sufficient  detail to enable the bidders thereon to know what their obligation will be,  either in the advertisement itself, or by reference to detailed plans and  specifications on file in the office of the Peoria Civic Center Authority  at the time of the publication of the first announcement. Such  advertisement shall also state the date, time, and place assigned for the  opening of bids and no bids shall be received at any time subsequent to the  time indicated in said advertisement. The Board of Commissioners may reject  any and all bids received and readvertise for bids. All bids shall be open  to public inspection in the office of the Peoria Civic Center Authority for  a period of at least 48 hours before award is made.  In determining the responsibility of any bidder, the Board may consider the  bidder's past  record of dealings, experience, adequacy of equipment, ability to timely  complete  performance, and other factors besides financial responsibility.  In no case,  however,  shall any contract be awarded to any bidder other than the lowest bidder unless  authorized or approved by the affirmative vote of at least 5 members of the  board and  unless the award is accompanied by a statement in writing setting forth the  reasons for  not awarding the contract to the lowest bidder, which must be kept on file in  the office of  the Authority and be open to the public for inspection.  The  successful bidder for such work shall enter into contracts furnished and  prescribed by the Board of Commissioners and in addition to any other bonds  required under this Article the successful bidder shall execute and  give bond,  payable to and to be approved by the Authority, with a corporate surety  authorized to do business under the laws of the State of Illinois, in an  amount to be determined by the Board of Commissioners, conditioned upon the  payment of all labor furnished and materials supplied in the prosecution of  the contracted work. If the bidder whose bid has been accepted shall  neglect or refuse to accept the contract within 5 days after  written  notice that the same has been awarded to him, or if he accepts but does not  execute the contract and give proper security, the Authority may accept the  next lowest bidder, or readvertise and relet in manner above provided.In case any work shall be abandoned by any contractor the Authority may,  if the best interest of the Authority be thereby served, adopt on behalf of  the Authority all sub-contracts made by such contractor for such contractor  for such work and all sub-contractors shall be bound by such adoption if  made; and the Authority shall, in the manner provided herein, readvertise  and relet the work specified in the original contract exclusive of so much  thereof as shall be accepted. Every contract, when made and entered into,  as herein provided for, shall be executed in duplicate, one copy of which  shall be held by the Authority, and filed in its records  and one copy of  which shall be given to the contractor.    (Source: P.A. 93-491, eff. 1-1-04.)