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TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY PART 680 ILLINOIS WORKS JOBS PROGRAM ACT SECTION 680.200 PURPOSE
Section 680.200 Purpose
a) The Department shall create and administer the Illinois Works Bid Credit Program that shall provide economic incentives, through bid credits, to encourage contractors and subcontractors to provide contracting and employment opportunities to historically underrepresented populations in the construction industry. [30 ILCS 559/20-15(d)]
b) The Illinois Works Bid Credit Program shall allow contractors and subcontractors to earn bid credits for use toward future bids for public works projects contracted or funded by the State or an agency of the State in order to increase the chances that the contractor and the subcontractors will be selected.
(Source: Added at 49 Ill. Reg. 7298, effective May 7, 2025) |