PARK DIST - COMPETITIVE BIDS

Amends the Park District Code. Provides that all competitive bids for contracts involving an expenditure in excess of $50,000 (rather than $30,000), or a lower amount if required by board policy, must be sealed by the bidder and must be opened by a member or employee of the park board at a public bid opening at which the contents of the bids must be announced. Amends the Conservation District Act and the Downstate Forest Preserve District Act. Provides that specified contracts related to supplies, materials, or work involving an expenditure in excess of $50,000 (rather than $30,000), or a lower amount if required by board policy, must be competitively bid. Effective immediately.