Common use of LIMITATION OF FUTURE CONTRACTING Clause in Contracts

LIMITATION OF FUTURE CONTRACTING. (a) The City has determined that this acquisition for necessary labor, supplies and other Services may give rise to a potential organizational conflict of interest. (b) The nature of this conflict is that in the performance of this Contract, the Contractor may have access to and use of the City’s sensitive financial and management data as well as to proprietary data from various City contracts and contractors. (c) The restrictions upon future contracting are as follows: (1) The Contractor shall be ineligible to perform any other contract for the City without prior authorization of the City. This restriction shall remain in effect for the duration of the Contract. (2) To the extent that the work under this Contract requires access to proprietary, business confidential, or financial data of other companies, and as long as these data remain proprietary or confidential, the Contractor shall protect these data from unauthorized use and disclosure and agrees not to use them to compete with those other companies.