(50 ILCS 530/10)
Notwithstanding any other provision
of law and in accordance with rules adopted by the
unit, a unit of local government, whether or not it is a home rule unit as defined in Section 6 of Article VII of the Illinois Constitution, may procure supplies or
services through a competitive electronic auction bidding
process after the unit's purchasing officer explains in writing to the unit's governing body his or her determination that the use
of such a process will be in the best interest of the unit.
The purchasing officer shall publish that determination
in the same manner required by law for the unit's invitations for bids.
An invitation for bids shall be issued and shall include
(i) a procurement description, (ii) all contractual terms,
whenever practical, and (iii) conditions applicable to the
procurement, including a notice that bids will be received in
an electronic auction manner.
Public notice of the invitation for bids shall be given in
the same manner as required by law for the unit's other invitations for bids.
Bids shall be accepted electronically at the time and in
the manner designated in the invitation for bids. During the
auction, a bidder's price shall be disclosed to other bidders.
Bidders shall have the opportunity to reduce their bid prices
during the auction. At the conclusion of the auction, the
record of the bid prices received and the name of each bidder
shall be open to public inspection.
After the auction period has terminated, withdrawal of bids
shall be permitted as otherwise provided by law.
The contract shall be awarded within 60 days after the
auction by written notice to the lowest responsible bidder, or
all bids shall be rejected except as otherwise provided by law.
Extensions of the date for the award may be made by
mutual written consent of the purchasing officer and the
lowest responsible bidder.
(Source: P.A. 96-588, eff. 8-18-09.)