44 Ill. Adm. Code 1400.3505
Types of Contracts
Section 1400
Section 1400.3505 Types of
Contracts
a) General
The Chief
Legal Counsel shall determine the general form of all contracts. Subject to the
limitations of this Section, the Chief Legal Counsel may use any type of
contract that promotes the best interest of the State.
b) Prohibitions and Limitation
Cost-plus-a-percentage-of-cost
contracts are prohibited. Cost-reimbursement contracts may only be used when
the Chief Procurement Officer makes a written determination that a
cost-reimbursement contract is likely to be less costly to the State than any
other type or that it is impracticable to obtain the item except under that
type of contract.