HB 5107

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Procurement-Perform Contracts

Abstract

Amends the Illinois Procurement Code. Provides that State agreements for performance contracting shall be included in the definition of "contract". Provides that a performance contract shall not be entered into for a period of time exceeding 20 years. Provides that installment payment performance contracts and performance-based lease purchase agreements that guarantee energy or operational cost savings shall be for a term not to exceed 20 years. Effective immediately.

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Jan 08, 2013

House

Session Sine Die

Feb 08, 2012

House

Filed with the Clerk by Rep. Karen May

House

First Reading

House

Referred to Rules Committee

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