Illinois now has a new set of rules for its purchasing system. Senate Bill 8 was signed into law this week and makes the state procurement process more efficient and transparent, while also saving money for Illinois taxpayers.
One of the highlights in the new set of rules is the elimination of unnecessary administrative delays for state universities. The new law will also permit Illinois to enter into joint purchasing agreements with other units of government, allowing state and local government entities to save money because of their increased purchasing power.
For years, Illinois has had procurement rules that were often confusing and difficult for vendors, state entities, and universities. The new law removes a lot of the red tape, making it easier for small and midsize businesses to bid on state contracts.
With these new rules, Illinois is now more in line with the best practices followed by other states.