Illinois Statutes

§ 50-60 — Voidable contracts

Illinois·Topic GOVERNMENT·Ch. 30 FINANCE·Act 30 ILCS 500/ Illinois Procurement Code.·Art. Article 50 - Procurement Ethics and Disclosure
(a)If any contract or amendment thereto is entered into or purchase or expenditure of funds is made at any time in violation of this Code or any other law, the contract or amendment thereto may be declared void by the chief procurement officer or may be ratified and affirmed, provided the chief procurement officer determines that ratification is in the best interests of the State. If the contract is ratified and affirmed, it shall be without prejudice to the State's rights to any appropriate damages.
(b)If, during the term of a contract, the chief procurement officer determines that the contractor is delinquent in the payment of debt as set forth in Section 50-11 of this Code, the chief procurement officer may declare the contract void if it determines that voiding the contract is in the

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