Illinois General Assembly - Bill Status for HB3551

Amends the Illinois Procurement Code. Removes a repeal date for the definition of "single prime", but makes the definition inoperative on January 1, 2026 for public institutions of higher education. Removes a provision limiting applicability through December 31, 2025 of provisions related to single prime projects. Removes a provision limiting the Capital Development Board from using the single prime procurement delivery method under specified circumstances. Limits provisions relating to building construction contracts in excess of $250,000 to public institutions of higher education. Provides that, before electing to use single prime on a project, the Capital Development Board must make a written determination that must include a description as to the particular advantages of the single prime procurement method for that project and an evaluation of specified factors. Provides that the Chief Procurement Officer must review the Capital Development Board's determination and consider the adequacy the evaluation of the specified factors to determine whether the Board may proceed with single prime. Allows the Board to cure their determination if the Chief Procurement Officer finds the Board's written determination insufficient. Effective immediately.

Further amends the Illinois Procurement Code. Provides that, when procuring construction or construction-related projects with a total value over the small purchase maximum, the construction agency shall provide a bid preference to a responsive and responsible bidder that is an Illinois business (currently, just responsible bidder). Provides that the construction agency shall allocate a bid preference of 4% to the lowest bid by an Illinois business that is responsible and responsive. Specifies that the preference applies only to projects where a bid has been submitted by a business that is not an Illinois business.

Replaces everything after the enacting clause. Reinserts the provisions of the bill as amended by House Amendment No. 1. Adds provisions further amending the Illinois Procurement Code. In provisions concerning construction management services, provides that, if the services are to be procured by (currently, for) a public institution of higher education, then "Board" means the public institution of higher education. Provides that certain provisions of the introduced bill concerning single prime procurement apply on and after January 1, 2024. Makes various technical corrections. Effective January 1, 2024.

Replaces everything after the enacting clause. Amends the Illinois Procurement Code. Makes a technical change in a Section concerning State policy.

Replaces everything after the enacting clause. Establishes the Bond Authorization Act of 2023. Amends the General Obligation Bond Act. Increases the total amount that the State of Illinois is authorized to issue in general obligation bonds from $79,256,839,969 to $79,440,839,969. Increases the amount of bond proceeds authorized to be used for various capital purposes. Increases the amount of bond proceeds authorized to be used by the Illinois Environmental Protection Agency for grants or loans to units of local government for planning, financing, and constructing sewage treatment works and solid waste disposal facilities. Decreases the amount of bond proceeds authorized to be used for specified coal and energy development purposes. Specifies that refunding bonds shall mature within the term of the bonds being refunded. Amends the Build Illinois Bond Act. Increases the total amount that the State of Illinois is authorized to issue in Build Illinois Act bonds from $9,484,681,100 to $10,019,681,100. Increases the amount of Build Illinois Act bond proceeds that may be used for various purposes. Provides that costs for advertising, printing, bond rating, travel of outside vendors, security, delivery, and legal and financial advisory services, initial fees of trustees, registrars, paying agents and other fiduciaries, initial costs of credit or liquidity enhancement arrangements, initial fees of indexing and remarketing agents, and initial costs of interest rate swaps, guarantees or arrangements to limit interest rate risk, as determined in the related Bond Sale Order, may be paid as reasonable costs of issuance and sale from the proceeds of each Bond sale. Allows 1% (rather than 0.5%) of the proceeds of bond sales to be used for specified costs. Requires the Governor's Office of Management and Budget to supply summaries of costs to the legislative leaders and the Commission on Government Forecasting and Accountability. Makes changes in provisions concerning the selection of bond counsel, the sale of bonds, and the maturing of refunding bonds. Makes other technical changes. Effective July 1, 2023.

×