IDOT NEWSFLASH (July 8,
2010): NEW LANGUAGE TO BE ADDED TO HIGHWAY CONTRACTS
Special Notice to all Contractors
The following language will become part of the contract starting with the July
30, 2010 letting.
AVAILABILITY OF APPROPRIATION (30 ILCS 500/20-60): This contract is contingent
upon and subject to the availability of funds. The State, at its sole option,
may terminate or suspend this contract, in whole or in part, without penalty or
further payment being required, if (1) the Illinois General Assembly or the
federal funding source fails to make an appropriation sufficient to pay such
obligation, or if funds needed are insufficient for any reason, (2) the Governor
decreases the Department’s funding by reserving some or all of the Department’s
appropriation(s) pursuant to power delegated to the Governor by the Illinois
General Assembly; or (3) the Department determines, in its sole discretion or as
directed by the Office of the Governor, that a reduction is necessary or
advisable based upon actual or projected budgetary considerations. Contractor
will be notified in writing of the failure of appropriation or of a reduction or
decrease.
|