Conflict of Interests definition

Conflict of Interests in relation to a Sponsor means circumstances or relationships which affect or may affect the ability of a Sponsor to act independently and objectively or where the Sponsor has an interest in the outcome of the proposal which interferes or is likely to interfere with the independence and objectivity of the Sponsor;

Conflict of Interests means direct or indirect financial personal interests in the outcome of the dispute or an existing or past financial, business, professional, family or social relationship which is likely to affect the impartiality or reasonably create an appearance of partiality or bias;

Conflict of Interests means any event influencing the capacity of a candidate, tenderer or contractor to give an objective and impartial professional opinion, or preventing it, at any moment, from giving priority to the interests of the Government. And shall include any consideration relating to possible contracts in the future or conflict with other commitments, past or present, of a candidate, tenderer, contractor, or any conflict with its own interests. These restrictions also apply to sub-consultants and employees of the candidate or tenderer;

Examples of Conflict of Interests in a sentence

• This Contract incorporates by reference Article 9 of the Arlington County Purchasing Resolution, as well as all state and federal laws related to ethics, conflicts of interest or bribery, including the State and Local Government Conflict of Interests Act (Code of Virginia § 2.2-3100 et seq.), the Virginia Governmental Frauds Act (Code of Virginia § 18.2-498.1 et seq.) and Articles 2 and 3 of Chapter 10 of Title 18.2 of the Code of Virginia, as amended (§ 18.2-438 et seq.).

• For policies and procedures applying specifically to Conflict of Interests, the Contract is governed by COMAR 21.05.08.08.

• The provisions of this article apply notwithstanding the fact that the conduct described may not constitute a violation of the State and Local Government Conflict of Interests Act.(Ord.

• Section 2.1-639.2 et seq., the State and Local Government Conflict of Interests Act.

• Each Offeror is advised that the Ethics in Public Contracting and Conflict of Interests Act of the Virginia Code, as set forth in Section 4 (L) of the RFP, apply to this RFP.

More Definitions of Conflict of Interests

Conflict of Interests means any personal interest or association of a Member, which is likely to influence the decision of the Board in a matter, as viewed by an independent third party.

Conflict of Interests means circumstances in which the personal knowledge and official status of a person might benefit, directly or indirectly, that person in another capacity;

Conflict of Interests means a situation where the impartial and objective implementation of the Funding Deci­ sion by the beneficiary is compromised for reasons involving family, emotional life, national affinity, economic interest, or any other shared interest with any third party related to the subject matter of the Funding Decision. Political affinity does not, in principle, constitute a reason for a conflict of interests in the case of agreements concluded between the political party and organisations sharing the same political values. Nevertheless, in the case of such an agreement, compliance with Article 22 of the Regulation (EU, Euratom) No 1141/2014 must be observed;

Conflict of Interests means a situation as defined in Article 61(2) and (3) of the Financial Regulation.

Conflict of Interests shall include even a concern of conflicting interests.

Conflict of Interests means any situation in which the personal or financial interest of the public official or persons related to such public official is or could reasonably be in contravention of the public interest.

Conflict of Interests means a situation where the impartial and objective exercise of the functions of a financial actor or other person is compromised for reasons involving family, emotional life, political or national affinity, economic interest or any other direct or indirect personal interest;