PROCUREMENT-DISCLOSURES

Amends the Illinois Procurement Code. Provides that notice of each contract that is awarded shall be posted in the online electronic Illinois Procurement Bulletin for 7 days prior to the execution of the contract. Provides that, for construction agency procurements (now, for procurements subject to the authority of the chief procurement officer for the Department of Transportation), the contract shall include the names and addresses of all known subcontractors with subcontracts with an annual value of more than $25,000. Provides that a copy of a certificate of registration filed with the State Board of Elections must be submitted to the State agency within 3 days after the submission deadline (now, must accompany any bid or proposal). Provides that all offers shall be accompanied by either a disclosure of financial interests or an affidavit stating that the most recent previous disclosure has not changed (now, shall be accompanied by a disclosure of financial interests). Provides that, when a bidder or offeror has previously disclosed a potential conflict of interest, and the circumstances have not materially changed for the current bid or offer under consideration, the bidder or offeror shall submit the Procurement Policy Board's previous written recommendation for the previous contract, bid, or offer, which shall automatically renew for the current bid or offer. Effective immediately.