Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE71. PUBLIC BUILDINGS, FACILITIES AND REAL PROPERTY |
PART2000. PUBLIC BUILDING CONSTRUCTION |
SUBPARTC. RESPONSIBILITY |
§2000.215. New Bidders
Latest version.
-
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.