44 Ill. Adm. Code 4.5023
Other Conflicts of Interest
Section 526
Section 4.5023 Other
Conflicts of Interest
a) Except as otherwise specified in the Public Officer Prohibited
Activities Act [50 ILCS 105], no State official/member of the university's
governing board shall be directly or indirectly interested in any contract to
be made by the State official/Board for any purposes whatsoever.
b) Any university that has its own policies regarding procurement
conflict of interest relative to its own employees must provide notice of any
potential conflict to the SPO along with the university's resolution. This
information may be used by the SPO when considering whether to award the
contract.