Current through Register Vol. 48, No. 33, August 16, 2024
Section 150.10 - Concessionsa) Except as cited in subsection (b), concession leases may be made for a period of not more than 25 years.b) Concession leases on land where expansion of existing facilities or development will take place may be made for a period up to 99 years.c) All concession leases shall be let by sealed competitive bids or, when in the Department's judgment it is in the best interest of the State of Illinois, by negotiated agreement.d) Notices of an available concession lease to be let by competitive bidding shall be placed on the Illinois Procurement Bulletin prior to the bid letting.e) All bids shall be opened at a public bid opening.f) Concessions shall be let to the best qualified highest bidder or by negotiation with a qualified operator. Factors taken into consideration in determining a qualified bidder shall include, but are not limited to, criteria contained in Section 150.50.g) At the end of a concession lease period the concession lease may be renegotiated with the present concessionaire if the concessionaire has not violated lease covenants, or has quickly corrected the violations after notification by the Division of Concession and Lease Management, and if the concessionaire has continued to meet the criteria found in Section 150.50 during the lease period. In such a case, no competitive bidding on the concession will be offered.Ill. Admin. Code tit. 17, § 150.10
Amended at 32 Ill. Reg. 9295, effective June 13, 2008