HB2786 EngrossedLRB104 10487 HLH 20562 b HB2786 Engrossed LRB104 10487 HLH 20562 b
HB2786 Engrossed LRB104 10487 HLH 20562 b
1 AN ACT concerning finance.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Architectural, Engineering, and Land
5 Surveying Qualifications Based Selection Act is amended by
6 changing Section 45 as follows:
7 (30 ILCS 535/45) (from Ch. 127, par. 4151-45)
8 Sec. 45. Small contracts.
9 (a) The provisions of Sections 25, 30, and 35 do not apply
10 to architectural, engineering, and land surveying contracts
11 with an estimated basic professional services fee of less than
12 the maximum estimated basic professional services fee set
13 forth in this Section $25,000.
14 (b) As used in this Section:
15 "Consumer price index-u" means the index published by the
16 Bureau of Labor Statistics of the United States Department of
17 Labor that measures the average change in prices of goods and
18 services purchased by all urban consumers, United States city
19 average, all items, 1982-84=100.
20 "Maximum estimated basic professional services fee" means:
21 (1) for contracts entered into before the effective
22 date of this amendatory Act of the 104th General Assembly,
23 $25,000;
HB2786 Engrossed LRB104 10487 HLH 20562 b
HB2786 Engrossed- 2 -LRB104 10487 HLH 20562 b HB2786 Engrossed - 2 - LRB104 10487 HLH 20562 b
HB2786 Engrossed - 2 - LRB104 10487 HLH 20562 b
1 (2) for contracts entered into on or after the
2 effective date of this amendatory Act of the 104th General
3 Assembly and before January 1, 2027, $40,000; and
4 (3) for contracts entered into on or after January 1,
5 2027, the maximum estimated basic professional services
6 fee for the calendar year immediately preceding the
7 calendar year in which the contract is entered into,
8 increased by a percentage equal to the annual unadjusted
9 percentage increase, if any, in the Consumer Price Index-u
10 during the 12-month period ending in September of the
11 immediately preceding calendar year and rounded to the
12 nearest $10.
13 (Source: P.A. 92-861, eff. 1-3-03.)
HB2786 Engrossed - 2 - LRB104 10487 HLH 20562 b