Illinois Code § 30 ILCS 500/33-25

Selection Procedure.
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On the basis of evaluations,
discussions, and any presentations, the Board shall select no
less than 3 firms it determines to be qualified to provide services for
the project and rank them in order of qualifications to provide
services regarding the specific project. The Board shall then
contract at a fair and reasonable compensation. If fewer than 3 firms
submit letters of interest and the Board determines that one or
both of those firms are so qualified, the Board may proceed to
negotiate a contract under Section 33-30. The decision of the Board shall be final and binding.

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