Common use of Disclosure of Potential Conflicts of Interest Clause in Contracts

Disclosure of Potential Conflicts of Interest. The contractor recognizes that during the term of this contract, conditions may change which may give rise to the appearance of a new conflict of interest. In such an event, the contractor shall disclose to the Government information concerning the new conflict of interest. The contractor shall provide, as a minimum, the following information: (1) A description of the new conflict of interest (e.g., additional weapons systems supplier(s), corporate restructuring, new first-tier subcontractor(s), new contract) and identity of parties involved; (2) A description of the work to be performed; (3) The dollar amount; (4) The period of performance; and (5) A description of the contractor's internal controls and planned actions, to avoid any potential organizational conflict of interest.

Appears in 19 contracts

Samples: Solicitation, Offer and Award, Contract, Contract

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Disclosure of Potential Conflicts of Interest. The contractor recognizes that during the term of this contract, conditions may change which may give rise to the appearance of a new conflict of interest. In such an event, the contractor shall disclose to the Government information concerning the new conflict of interest. The contractor shall provide, as a minimum, the following information: (1) A description of the new conflict of interest (e.g., additional weapons systems supplier(s), corporate restructuring, new first-tier subcontractor(s), new contract) and identity of parties involved; (2) A description of the work to be performed; (3) The dollar amount; (4) The period of performance; and (5) A description of the contractor's ’s internal controls and planned actions, to avoid any potential organizational conflict of interest. All Data Item Descriptions (DIDs) are available online via the Acquisition Streamlining and Standardization Information System located at xxxx://xxxxxxxxxxx.xxx.xxx.

Appears in 1 contract

Samples: Contract

Disclosure of Potential Conflicts of Interest. The contractor recognizes that during the term of this contract, conditions may change which may give rise to the appearance of a new conflict of interest. In such an event, the contractor shall disclose to the Government information concerning the new conflict of interest. The contractor shall provide, as a minimum, the following information: (1) A description of the new conflict of interest (e.g., additional weapons systems supplier(s), corporate restructuring, new first-tier subcontractor(s), new contract) and identity of parties involved; (2) A description of the work to be performed; (3) The dollar amount; (4) The period of performance; and (5) A description of the contractor's ’s internal controls and planned actions, to avoid any potential organizational conflict of interest.

Appears in 1 contract

Samples: Contract

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Disclosure of Potential Conflicts of Interest. The contractor Contractor recognizes that during the term of this contract, conditions may change which may give rise to the appearance of a new conflict of interest. In such an event, the contractor Contractor shall disclose to the Government information concerning the new conflict of interest. The contractor Contractor shall provide, as a minimum, the following information: (1) A description of the new conflict of interest (e.g., additional weapons systems supplier(s), corporate restructuring, new first-tier subcontractor(s), new contract) and identity of parties involved; (2) A description of the work to be performed; (3) The dollar amount; (4) The period of performance; and (5) A description of the contractorContractor's internal controls and planned actions, to avoid any potential organizational conflict of interest.

Appears in 1 contract

Samples: Contract

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