Section 2000.4030 Renewal of Leases
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Illinois Administrative Code › Title 44 GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT › CHAPTER XXV: SECRETARY OF STATE › Part 2000 SECRETARY OF STATE STANDARD PROCUREMENT › Section 2000.4030 Renewal of Leases
Text
Section 2000
Section 2000.4030 Renewal of
Leases
a) Leases may be renewed if:
1) The CPO determines in writing that such renewal is in the best
interest of the State.
2) A Notice of renewal must be published in the Bulletin at least
60 days prior to the exercise of that option to renew a lease when required by
a formal procurement.
b) Documentation justifying renewals will be maintained in
Secretary of State lease files.
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