Illinois Code § 30 ILCS 500/20-40

Cancellation of invitations for bids or
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requests for proposals. 
An
invitation for bids, a request for proposals, or any other
solicitation may be cancelled without penalty, or any
and all bids, offers, proposals, or any other solicitation may be rejected in whole or in part as
may be specified in the
solicitation, when it is in the best interests of the State in
accordance with rules.
 The reasons for cancellation or rejection shall be
made part of the contract file.

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