Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 4 - CHIEF PROCUREMENT OFFICER FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION STANDARD PROCUREMENT
Subpart O - ETHICS
Section 4.5023 - Other Conflicts of Interest

a) Except as otherwise specified in the Public Officer Prohibited Activities Act [50 ILCS 105 ], no State official/member of the university's governing board shall be directly or indirectly interested in any contract to be made by the State official/Board for any purposes whatsoever.

b) Any university that has its own policies regarding procurement conflict of interest relative to its own employees must provide notice of any potential conflict to the SPO along with the university's resolution. This information may be used by the SPO when considering whether to award the contract.