44 Ill. Adm. Code 6.280
Binding Contract
Section 660
Section 6.280 Binding
Contract
a) Once an award has been made, the bidder is bound to perform
according to the terms and conditions of the contract, the Invitation for Bids
and this Part.
b) An approved contract executed by the CPO is required before
the State is bound. An award may be canceled any time by the CPO prior to
execution in order to protect the public interest and integrity of the bidding
process or for any other reason if, in the judgment of the CPO, the best
interests of the State will be promoted.