The chief procurement officer may require prospective contractors for contracts awarded pursuant to 65 ILCS 5/8-10-4 to execute a master agreement which shall apply to any services rendered under the master agreement. The master agreement shall contain the funding amount allocated to each master agreement and such terms and conditions appropriate for such a contract and any other terms and conditions as may be required by the chief procurement officer. Each master agreement shall be approved by the mayor, comptroller and chief procurement officer and include a task order procedure under which the chief procurement officer may negotiate and enter into an agreement with such contractor to perform a particular project subject to the terms of the master agreement.
(Added Coun. J. 12-8-04, p. 38063, § 1)