(Section scheduled to be repealed on July 1, 2027)
127 words·~1 min read·
/il/chapter-50/act-20/1-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(Section scheduled to be repealed on July 1, 2027)
Sec. 20.25. Minority and female owned enterprises; total construction budget.
(a)Each year, within 60 days following the end of a commission's fiscal year, the commission shall provide a report to the General Assembly addressing the utilization of minority and female owned business enterprises on design-build projects.
(b)The payments for design-build projects by any commission in one fiscal year shall not exceed 50% of the moneys spent on construction projects during the same fiscal year.
(c)This Section is repealed on July 1, 2027; provided that any design-build contracts entered into before such date or any procurement of a project under this Act commenced before such date, and the contracts resulting from those procurements, shall remain effective.