- 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.
(Source: Amended at 38 Ill. Reg. 20884, effective October 31, 2014)