(30 ILCS 500/30-35)
Sec. 30-35.
Expenditure in excess of contract price.
(a) Germaneness. No funds in excess of the contract price
may be obligated or
expended unless the additional work to be performed or materials
to be furnished is germane to
the original contract. Even if germane to the original contract,
no additional expenditures or
obligations may, in their total combined amounts, be in excess of
the percentages of the original
contract amount set forth in subsection (b)
unless they have received the prior
written approval of the construction agency. In the event that
the total of the combined
additional expenditures or obligations exceeds the percentages of
the original contract amount set
forth in subsection (b), the construction
agency shall investigate all the
additional expenditures or obligations in excess of the original
contract amount and shall in
writing approve or disapprove subsequent expenditures or
obligations and state in detail the
reasons for the approval or disapproval.
(b) Written determination required. When the contract amount
is no more than
$75,000, the percentage shall be 9% (maximum $6,750). When the
contract amount is between
$75,001 and $200,000, the percentage shall be 7% of the amount
above $75,000 plus $6,750,
but not to exceed 7% of $200,000 (maximum $14,000). When the
contract amount is between
$200,001 and $500,000, the percentage shall be 5% of the amount
above $200,000 plus
$14,000, but not to exceed 5% of $500,000 (maximum $25,000). When
the contract amount
is in excess of $500,000, the percentage shall be 3% of the amount
above $500,000 plus
$25,000.
(Source: P.A. 90-572, eff. date - See Sec. 99-5.)
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