Illinois Statutes

§ 20-60 — Duration of contracts

Illinois § 20-60
JurisdictionIllinois
TopicGOVERNMENT
Ch. 30FINANCE
Act 30 ILCS 500/Illinois Procurement Code.
Art.Article 20 - Source Selection and Contract Formation

This text of Illinois § 20-60 (Duration of contracts) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
30 Ill. Comp. Stat. 20-60 (2026).

Text

(a)Maximum duration. A contract may be entered into for any period of time deemed to be in the best interests of the State but not exceeding 10 years inclusive, beginning January 1, 2010, of proposed contract renewals; provided, however, in connection with the issuance of certificates of participation or bonds, the governing board of a public institution of higher education may enter into contracts in excess of 10 years but not to exceed 30 years for the purpose of financing or refinancing real or personal property. Third parties may lease State-owned communications infrastructure, including dark fiber networks, conduit, and excess communication tower capacity, for any period of time deemed to be in the best interest of the State, but not exceeding 20 years. The length of a lease for real

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Legislative History

(Source: P.A. 103-570, eff. 1-1-24; 103-865, Article 2, Section 2-5, eff. 1-1-25; 103-865, Article 5, Section 5-5, eff. 1-1-25; 104-417, eff. 8-15-25.)

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Bluebook (online)
Illinois § 20-60, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/30/20-60.