Procurement Reform Bill Co-Sponsored by State Rep. David S. Olsen Signed into Law

State Representative David S. Olsen joined Governor Bruce Rauner on the campus of the University of Illinois today for the signing of legislation that will streamline and reform regulations that govern how Illinois buys billions of dollars in goods and services each year.

SB 08, now known as P.A. 100-0043, addresses the state’s procurement system and includes multiple provisions that will quicken the process and reduce costs. “These reforms to the state’s purchasing system will ease burdensome regulations and save our public institutions money,” said Olsen, at the bill signing on the University of Illinois at Urbana-Champaign’s engineering campus. “I am proud to have co-sponsored this pivotal piece of legislation and am pleased that I could join the Governor for the bill signing at my alma mater. The University of Illinois and our other colleges and universities will benefit greatly from the cost-saving measures included in this bill.”

As approved in the House and Senate, SB 08 streamlines the procurement system to allow for more competitive pricing while still maintaining stringent oversight and transparency in the process. The final version of the bill received unanimous support in the House and Senate. “Today, in some cases it takes 9-12 months for a request for proposals (RFP) to be completed,” said Olsen. “Through SB 08 that timeline will be shortened significantly, which will allow for a more competitive process and ultimately lower costs when state agencies and institutions purchase goods and services. The bill was negotiated through a bipartisan effort and stands as a prime example of the positive results that can be achieved when we all work together.”

The provisions of SB 08 are effective retroactive to the start of this fiscal year on July 1, 2017.

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