70 ILCS 200/55-45
2021 Illinois Compiled Statutes|Chapter 70 - SPECIAL DISTRICTS|70 ILCS 200/ - Civic Center Code.|Article 55 - Chicago South Civic Center

Sec. 55-45.     Contracts.     All contracts for the sale of  property of the 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 thereof will exceed $10,000, shall be let to the  lowest responsible bidder after advertising for bids, excepting (1) when  repair parts, accessories, equipment or services are required for equipment  or services previously furnished or contracted for; (2) when the nature of  the services required is such that competitive bidding is not in the best  interest of the public, including, without limiting the generality of the  foregoing, the services of accountants, architects, attorneys, engineers,  physicians, superintendents of construction and others possessing a high  degree of skill; and (3) when services such as water, light, heat, power,  telephone or telegraph are required.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 insure 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 such leases upon such terms as it deems advisable.In determining the responsibility of any bidder, the Board may take into  account the past records of dealings with the bidder, experience, adequacy  of equipment, ability to complete performance within the time set, and other  factors besides financial responsibility, but in no case shall any such  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 a  majority of all the appointed members of the Board, and unless such 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.Members of the Board, officers and employees of the Authority and their  relatives within the fourth 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.The Board shall have the right to reject all bids and to readvertise for  bids.  If after any such advertisement no responsible and satisfactory bid  within the terms of the advertisement shall be received, the Board may  award such contract without competitive bidding provided that it shall not  be less advantageous to the Authority than any valid bid received pursuant  to advertisement.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.)