Common use of Preventing Conflict of Interest Clause in Contracts

Preventing Conflict of Interest. 8.1 The Grantee shall take every reasonable course of action to maintain integrity in the expenditure of these public funds and to avoid favoritism and questionable or improper conduct. 8.2 The Grantee shall administer this award in an impartial manner, free from efforts to gain personal, financial, or political benefit, tangible or intangible. The Grantee and its executive staff and employees, while administering this grant award shall avoid situations which could give the appearance that any decision was influenced by prejudice, bias, special interest or desire for personal gain. 8.3 The Grantee assures that no person shall participate in any decision relating to any sub- contract which affects his/her personal pecuniary interest including, but not limited to: 8.3.1 employees or sub-contractors of the Grantee; or 8.3.2 persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this grant award. 8.4 The Grantee shall maintain on file, and make available for inspection by the Agency, a statement submitted by each Grantee employee, sub-contractor, or governing body member disclosing any interest, fact, or circumstance which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated, as circumstances require, but at least annually. The above paragraph shall serve as a minimum standard and shall not be construed as to limit the Grantee's authority for more restrictive governance to prevent real and/or apparent conflicts of interest.

Appears in 10 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Preventing Conflict of Interest. 8.1 9.1 The Grantee shall take every reasonable course of action to maintain integrity in the expenditure of these public funds and to avoid favoritism and questionable or improper conduct. 8.2 9.2 The Grantee shall administer this award in an impartial manner, free from efforts to gain personal, financial, or political benefit, tangible or intangible. The Grantee and its executive staff and employees, while administering this grant award award, shall avoid situations which could give the appearance that any decision was influenced by prejudice, bias, special interest or desire for personal gain. 8.3 9.3 The Grantee assures that no person shall participate in any decision relating to any sub- contract subcontract which affects his/her personal pecuniary interest including, but not limited to: 8.3.1 employees : • employees, contractors or sub-contractors subrecipients of the Grantee; or 8.3.2 or • persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this grant award. 8.4 9.4 The Grantee shall maintain on file, and make available for inspection by the AgencyTWC, a statement submitted by each Grantee employee, sub-contractor, subrecipient or governing body member disclosing any interest, factfact or circumstance, or circumstance which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated, as circumstances require, but at least annually. The above paragraph shall serve as a minimum standard and shall not be construed as to limit the Grantee's authority for more restrictive governance to prevent real and/or apparent conflicts of interest.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Award

AutoNDA by SimpleDocs

Preventing Conflict of Interest. 8.1 9.1 The Grantee shall take every reasonable course of action to maintain integrity in the expenditure of these public funds and to avoid favoritism and questionable or improper conduct. 8.2 9.2 The Grantee shall administer this award in an impartial manner, free from efforts to gain personal, financial, or political benefit, tangible or intangible. The Grantee and its executive staff and employees, while administering this grant award shall avoid situations situations, which could give the appearance that any decision was influenced by prejudice, bias, special interest or desire for personal gain. 8.3 9.3 The Grantee assures that no person shall participate in any decision relating to any sub- contract subcontract which affects his/her personal pecuniary interest including, but not limited to: 8.3.1 employees : • employees, contractors or sub-contractors subrecipients of the Grantee; or 8.3.2 or • persons who exercise any function or responsibility in the review or approval of the undertaking or carrying out of this grant award. 8.4 9.4 The Grantee shall maintain on file, and make available for inspection by the AgencyTWC, a statement submitted by each Grantee employee, sub-contractor, subrecipient or governing body member disclosing any interest, factfact or circumstance, or circumstance which does or may present a potential conflict of interest. Such conflict of interest disclosure statements shall be updated, as circumstances require, but at least annually. The above paragraph shall serve as a minimum standard and shall not be construed as to limit the Grantee's authority for more restrictive governance to prevent real and/or apparent conflicts of interest.

Appears in 2 contracts

Samples: Grant Award Agreement, Grant Award Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!