Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 1120 - OFFICE OF THE COMPTROLLER STANDARD PROCUREMENT
Subpart U - MISCELLANEOUS PROVISIONS OF GENERAL APPLICABILITY
Section 1120.7010 - Government Furnished Property

Current through Register Vol. 48, No. 38, September 20, 2024

If the IOC provides any property to the vendor in furtherance of the contract, such property shall remain the property of the State but may be consumed by the vendor if necessary to complete the contract. Vendor will issue a receipt for the property and will be responsible for its safekeeping and return of unused property to the State.

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