TITLE 44: GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT
AND PROPERTY MANAGEMENT
SUBTITLE A: PROCUREMENT AND CONTRACT PROVISIONS CHAPTER II: CHIEF PROCUREMENT OFFICER FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION PART 4 CHIEF PROCUREMENT OFFICER FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION STANDARD PROCUREMENT SECTION 4.7010 UNIVERSITY FURNISHED PROPERTY
Section 4.7010 University Furnished Property
If the university provides any property to the vendor in furtherance of the contract, the property shall remain the property of the university but may be consumed by the vendor if necessary to complete the contract. Vendor will issue a receipt for the property and will be responsible for its safekeeping and for return of unused property to the university.
(Source: Amended at 36 Ill. Reg. 10951, effective August 6, 2012) |