ADMINISTRATIVE CODE TITLE 44: GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT SUBTITLE A: PROCUREMENT AND CONTRACT PROVISIONS CHAPTER III: CHIEF PROCUREMENT OFFICER FOR THE DEPARTMENT OF TRANSPORTATION PART 6 CHIEF PROCUREMENT OFFICER FOR THE DEPARTMENT OF TRANSPORTATION - CONTRACT PROCUREMENT SECTION 6.1220 COMMERCIAL CLOSE
Section 6.1220 Commercial Close
The Department and selected proposer will negotiate the agreement based on the selected proposer's proposal. The agreement shall comply with the requirements of Section 35 of P3 Act. A commercial close is achieved upon full execution of the agreement or such later date as provided in the agreement.
(Source: Added at 50 Ill. Reg. 6426, effective April 27, 2026) |