§650.90. Effective Date of Ratings

The effective date of a firm's prequalification shall be the date on which the ratings are determined and approved unless, for a new applicant, the application or additional information is received during the prequalification cut-off period (see Section 650.50(a)) in advance of a letting.  For a renewal applicant, the effective date of prequalification shall be the date on which the ratings are determined and approved unless the application or additional information is received after the authorization to bid cut-off date (see Section 650.330(b)) in advance of a letting.  In these instances, the effective date shall be the day following the letting or the date on which the ratings are determined and approved, whichever is later.

 

(Source:  Amended at 40 Ill. Reg. 7170, effective April 25, 2016)