(30 ILCS 500/1-15.49)
"No-cost contract" means a contract in which the State of Illinois does not make a payment to or receive a payment from the vendor, but the vendor has the contractual authority to charge an entity other than the State of Illinois for supplies or services at the State's contracted rate to fulfill the State's mandated requirements.
(Source: P.A. 100-43, eff. 8-9-17.)