OMB - Office of Management and BudgetIssuing agency·Springfield, IL·via the Illinois BidBuy open-bids boardNotice is hereby given that sealed bids for the State's $900,000,000 General Obligation Bonds, Series of October 2026 will be received by the Director of GOMB on Tuesday, September 22, 2026, via PARITY, at the times and in the manner described in the attached Notice of Sale. Bids shall be submitted electronically via PARITY pursuant to the Notice of Sale. No in-person or faxed bids will be accepted.
Underwriters must purchase and then offer to the public $385,000,000 in Taxable Series of October 2026 Bonds, $263,000,000 in Series of October 2026 Bonds, and $252,000,000 in Series of October 2026 Bonds. The bonds are general obligations of the State used to fund accelerated pension benefit payments, finance capital expenditures (including the Rebuild Illinois plan), and pay costs of issuance. Bidders must specify interest rates per maturity, comply with maximum underwriter's discount limitations ($1,695,000 for Series A, $1,155,000 for Series B, $1,105,000 for Series C), post a $500,000 good faith deposit per series, and disclose participation by minority-owned, women-owned, and disability-owned businesses. The bonds will be delivered on or about October 14, 2026.
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Most Illinois work asks for the two below, and the solicitation documents are where it’s stated. Here’s what each costs through Light RFP if you need one.
Source: BidBuy (Illinois) (bid 27-507GOMB-MGMTB-B-54039), retrieved via the Illinois BidBuy open-bids board. View the official posting, and always confirm requirements and deadlines with the issuing agency.
