70 ILCS 200/105-45
2021 Illinois Compiled Statutes|Chapter 70 - SPECIAL DISTRICTS|70 ILCS 200/ - Civic Center Code.|Article 105 - Illinois-Michigan Canal National Heritage Corridor Civic Center

Sec. 105-45.     Contracts; bidding.     All contracts for 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 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 such  leases upon such terms as it deems advisable.In determining the responsibility of any bidder, the Board may take in  account the past record 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  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 4/5 of the  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.)