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| | HB0284 Engrossed | | LRB100 05606 MLM 15620 b |
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1 | | AN ACT concerning finance.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Procurement Code is amended by |
5 | | adding Section 30-50 as follows: |
6 | | (30 ILCS 500/30-50 new) |
7 | | Sec. 30-50. Mobilization payments. |
8 | | (a) As used in this Section, "mobilization payment" means |
9 | | an advance payment for the preparatory work and operations |
10 | | necessary for the movement of personnel, equipment, supplies, |
11 | | and incidentals to a project site and for all other work or |
12 | | operations that must be performed or costs incurred when |
13 | | beginning work on a project. |
14 | | (b) When a contract under this Code entered into by the |
15 | | Department of Transportation provides for mobilization |
16 | | payments and the contractor is using the services of a |
17 | | subcontractor, the subcontract shall include terms requiring |
18 | | mobilization payments be made to the subcontractor. |
19 | | Mobilization payments to a subcontractor shall be made on a |
20 | | tiered system based on the initial value of the subcontract: |
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21 | | Subcontract value | Mobilization percentage | |
22 | | Less than $10,000 | 25% | |
23 | | $10,000-$19,999 | 20% | |
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