(70 ILCS 210/25) (from Ch. 85, par. 1245)
Sec. 25.
Advertisements for bids and rebids required to be conducted
under the provisions of Section 24 shall be published at least 3 times in a
daily newspaper of general circulation published in the metropolitan area
and in the official newspaper of the State of Illinois designated under
Section 4 of the Illinois Purchasing Act,
the last publication to be at least ten calendar days before the time for
receiving bids, and such advertisements shall also be posted on readily
accessible bulletin boards in the principal office of the Authority. Such
advertisements shall state the time and place for receiving and opening of
bids, and by reference to plans and specifications on file at the time of
the first publication, or in the advertisement itself, shall describe the
character of the proposed contract in sufficient detail to fully advise
prospective bidders of their obligations and to insure free and open
competitive bidding.
All bids in response to advertisements shall be sealed and shall be
publicly opened by the Board, and all bidders shall be entitled to be
present in person or by representatives. Cash or a certified or
satisfactory cashier's check, as a deposit of good faith, in a reasonable
amount to be fixed by the Board before advertising for bids, shall be
required with the proposal of each bidder. Bond for faithful performance of
the contract with surety or sureties satisfactory to the Board and adequate
insurance may be required in reasonable amounts to be fixed by the Board
before advertising for bids.
The contract shall be awarded as promptly as possible after the opening
of bids. The bid of the successful bidder, as well as the bids of the
unsuccessful bidders, shall be placed on file and be open to public
inspection. All bids shall be void if any disclosure of the terms of any
bid in response to an advertisement is made or permitted to be made by the
Board before the time fixed for opening bids.
Any bidder who has submitted a bid in compliance with the requirements
for bidding may bring a civil action in any court of competent jurisdiction
in Cook County to compel compliance with the provisions of this Act
relating to the awarding of contracts by the Board.
(Source: P.A. 87-733.)
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