Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 8 - CHIEF PROCUREMENT OFFICER FOR THE CAPITAL DEVELOPMENT BOARD
Subpart K - PROCUREMENT FILES
Section 8.2084 - Record Retention
Universal Citation: 44 IL Admin Code ยง 8.2084
Current through Register Vol. 48, No. 38, September 20, 2024
a) Retention of Bulletin Information. Information published in the Bulletin shall be retained for a period of 3 years. Posted information can be placed in an archive located on the Bulletin and publicly available after 90 days.
b) Books and records that relate to a CDB procurement and contract, including subcontracts, and that support amounts charged shall be maintained:
1) by a vendor,
for 3 years from the date of final payment under the prime contract; and for
such longer period of time as is necessary to complete ongoing or announced
audits or to comply with federal requirements.
2) by CDB according to the approved Record
Retention plan or from the date of final payment under the prime contract; and
for such longer period of time as is necessary to complete ongoing or announced
audits, whichever is longer.
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