44 Ill. Adm. Code 8.2084
Record Retention
Section 8.2084 Record Retention
a) Retention
of Bulletin Information. Information published in the Bulletin shall be
retained for a period of 3 years. Posted information can be placed in an
archive located on the Bulletin and publicly available after 90 days.
b) Books
and records that relate to a CDB procurement and contract, including
subcontracts, and that support amounts charged shall be maintained:
1) by a
vendor, for 3 years from the date of final payment under the prime contract;
and for such longer period of time as is necessary to complete ongoing or
announced audits or to comply with federal requirements.
2) by
CDB according to the approved Record Retention plan or from the date of final
payment under the prime contract; and for such longer period of time as is
necessary to complete ongoing or announced audits, whichever is longer.