summary
Introduced
02/05/2026
02/05/2026
In Committee
02/24/2026
02/24/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Procurement Code. In provisions concerning competitive sealed bidding, provides that a contract for supplies may be awarded using a market basket analysis to evaluate the lowest price a vendor can offer for a representative sample of supplies.
AI Summary
This bill amends the Illinois Procurement Code to allow for a new method of awarding contracts for supplies. Specifically, it introduces the concept of a "market basket analysis," which means that when the state is looking to purchase supplies, it can evaluate bids based on the lowest price a vendor offers for a representative sample of those supplies. This sample must constitute at least 75% of the contract's total estimated cost, and any contracts awarded this way must include an option to add more goods later. This change aims to provide a more flexible approach to competitive bidding for goods.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
To Procurement (on 02/25/2026)
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