Ill. Admin. Code tit. 44 § 1.5310

Current through Register Vol. 48, No. 49, December 6, 2024

Section 1.5310 - Concessions

a) A concession is an authorization allowing use of property for the purpose of selling directly or indirectly to the public. Concessions also include the assignment, license, sale or transfer of interests in or rights to discoveries, inventions, patents or copyrightable works.

b) All concessions of State property shall be awarded in accordance with the requirements of Article 20 of the Code. Contracts shall be awarded to the highest and best bidder or offeror.

c) Concession contracts shall be reduced to writing and shall include terms and conditions and concessionaire qualification requirements applicable to purchase contracts.

d) All proposed concession contracts must be filed with PPB in compliance with Section 5-30 of the Code.

e) Value for a concession contract means the estimated expected vendor's gross receipts resulting from the contract.

f) All concession contract awards shall be published, along with the value of the contract to the vendor.

Ill. Admin. Code tit. 44, § 1.5310

Amended at 36 Ill. Reg. 10729, effective August 6, 2012

Amended at 46 Ill. Reg. 10208, effective 6/2/2022