Illinois Code § 30 ILCS 500/1-15.80

Responsible bidder, potential contractor, or offeror.
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"Responsible bidder, potential contractor, or offeror" means
a person who has the capability in all respects to perform fully
the contract requirements and
the integrity and reliability that will assure good faith
performance. A responsible bidder or offeror shall not include a business or other entity that does not exist as a legal entity at the time a bid or offer is submitted for a State contract.

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