Illinois Administrative Code
Title 71 - PUBLIC BUILDINGS, FACILITIES AND REAL PROPERTY
Part 2000 - PUBLIC BUILDING CONSTRUCTION
Subpart C - RESPONSIBILITY
Section 2000.215 - New Bidders
Universal Citation: 71 IL Admin Code § 2000.215
Current through Register Vol. 49, No. 13, March 28, 2025
a) Bidders not having a history of performance shall be considered responsible if no other disqualifying factors exist. A bond or other security shall be required for such Bidders.
b) Bidders who are newly formed business concerns having substantially the same owners, officers, directors, or beneficiaries as a previously existing not-responsible Bidder, defined as persons having a controlling interest or 10% or more of any interest, will be declared not-responsible unless the new organization can prove it was not set up for the purpose of avoiding an earlier declaration of non-responsibility.
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