14 Ill. Adm. Code 680.240

Transferring of Bid Credits

Last amended: 2025Year: 2026Length: 45 wordsOfficial source
Section 680.240 Transferring of Bid Credits a) Bid credit certificates may be combined for a specific project. b) Bid credits cannot be bought, sold, or gifted to another contractor or subcontractor. c) Bid credits may be transferred to another entity through a merger or acquisition.
14 Ill. Adm. Code 680.240: Transferring of Bid Credits | Justis AI