(30 ILCS 500/1-15.50)
Sec. 1-15.50. Negotiation. "Negotiation" means the
process of selecting a contractor
other than by competitive sealed bids, multi-step sealed bidding,
or competitive sealed proposals,
whereby a purchasing agency can establish any and all terms and
conditions of a procurement
contract by discussion with one or more potential contractors.
(Source: P.A. 98-1076, eff. 1-1-15.)
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