Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 1400 - PROCUREMENT
Subpart G - CONTRACTS
Section 1400.3505 - Types of Contracts
Universal Citation: 44 IL Admin Code ยง 1400.3505
Current through Register Vol. 48, No. 12, March 22, 2024
a) General
The Chief Legal Counsel shall determine the general form of all contracts. Subject to the limitations of this Section, the Chief Legal Counsel may use any type of contract that promotes the best interest of the State.
b) Prohibitions and Limitation
Cost-plus-a-percentage-of-cost contracts are prohibited. Cost-reimbursement contracts may only be used when the Chief Procurement Officer makes a written determination that a cost-reimbursement contract is likely to be less costly to the State than any other type or that it is impracticable to obtain the item except under that type of contract.
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