School districts are required to complete a report on Awarded Contracts Exceeding $25,000 (Contracts Exceeding $25,000) to conform with sub-section (c) of Section 10-20.44 of the School Code (105 ILCS 5/10-20.44) (added by PA 95-707).
In addition, school boards must list on the district's website all contracts exceeding $25,000 and any contract that the school board enters into with an exclusive bargaining representative.
For more, download the complete "Guidance & Reporting Requirements".