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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 3.5. Uniform standard of contract goals.
(a) The Business Enterprise Program may establish uniform standards for calculating contract specific Business Enterprise Program goals for all State contracts and State construction contracts subject to this Act. In establishing those standards, the Business Enterprise Program may consider normal industry practice, the scope of the work to be performed under a contract, the availability of vendors that are able to perform the scope of the work to be performed under a contract, the availability of certified vendors that are able to perform the work to be performed under a contract, and the State's progress to date toward meeting the aspirational goals set forth in this Act.
(b) Each State agency that is subject to this Act and each public institution of higher education that is subject to this Act may, in accordance with the provisions of this Act, set goals concerning participation in State contracts, including State construction contracts, to which the State agency or public institution of higher education is party. Goals involving State contracts above the small purchase threshold, as defined in Section 20-20 of the Illinois Procurement Code, may be submitted to the Business Enterprise Program for approval, denial, or modification.
(c) As used in this Section, the terms “State contract” and “State construction contract” do not include grants from State agencies to grantees for capital improvements or operational expenses.
Cite this article: FindLaw.com - Illinois Statutes Chapter 30. Finance § 575/3.5. Uniform standard of contract goals - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-30-finance/il-st-sect-30-575-3-5/
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