Ill. Admin. Code tit. 44 § 1.2084

Current through Register Vol. 48, No. 41, October 11, 2024

Section 1.2084 - Record Retention

a Retention of Bulletin Information. Information published in the Bulletin shall be disposed of in accordance with the State Records Act [5 ILCS 160 ], providing all audits have been completed and no litigation is pending or anticipated.

b Books and records that relate to performance of a State agency contract 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 a subcontractor for 3 years from the later of the date of final payment under the subcontract or completion of the subcontract; and for such longer period of time as is necessary to complete ongoing or announced audits.

Ill. Admin. Code tit. 44, § 1.2084

Added at 36 Ill. Reg. 10729, effective August 6, 2012

Amended at 38 Ill. Reg. 20884, effective 10/31/2014