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Personal conflict of interest definition

Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee’s ability to act impartially and in the best interest of the Government when performing under the contract. (A de minimis interest that would not “impair the employee’s ability to act impartially and in the best interest of the Government” is not covered under this definition.)
Personal conflict of interest means a situation in which a contractor employee has a financial interest, personal activity, or relationship that could impair the individual’s ability to act impartially and in the best interest of the Government when performing under the contract.
Personal conflict of interest means a personal, business, or financial interest of an individual, his or her spouse, minor child, or other family member with whom the individual has a close personal relationship that could adversely affect (i) the individual's ability to perform his or her duties, or (ii) his or her objectivity or judgment in performance of such duties.

Examples of Personal conflict of interest in a sentence

  • Said conflicts are defined as follows: • Personal conflict of interest: A conflict of interest arises when objectivity and independence is distorted by a relationship, or potential relationship, with persons who are or have been close to the individual, but with whom there is no blood, affinity, or civil relationship.

  • Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee’s ability to act impartially and in the best interest of the Government when performing under the contract .

  • Personal conflict of interest situations, or the appearance of such conflicts of interest, have the potential to result in serious harm and direct losses to Mercantile.

  • Said conflicts are defined as follows: • Personal conflict of interest - A personal conflict of interest arises when my objectivity and independence is distorted by a personal relationship, or potential personal relationship, with persons who are or have been close to me, but with whom I have no blood, affinity, or civil relationship.

  • Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee’s ability to act impartially and in the best interest of the government or ARC when performing under the contract.

  • Personal conflict of interest generally occurs when an employee or his/her immediate family: • Has direct or indirect financial interest in the award of the contract to any proponent,• Is currently employed by, or is an ESP to or under contract to a proponent,• Is negotiating or has an arrangement concerning future employment or contracting with any proponent, or• Has ownership interest in or is an officer or director of any proponent.

  • Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair that person’s ability to act impartially and in the best interest of the Rolka Loube, and Rolka Loube’s clients when performing under this Subcontract or allow a covered employee to engage in self-dealing.

  • Personal conflict of interest means a situation in which a covered employee has a.

  • Personal conflict of interest includes if the person has family member with financial interest in the project.


More Definitions of Personal conflict of interest

Personal conflict of interest means a situation in which a covered employee has a financial interest, personal
Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee’s ability to act impartially and in the best interest of the Government when
Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee's ability to act impartially and in the best interest of the Government when performing under the contract. (a de minimis interest that would not “ impair the employee's ability to act impartially and in the best interest of the Government” is not covered under this definition.)
Personal conflict of interest is defined as a situation in which personnel has a financial interest, personal activity, or relationship that could impair the personnel’s ability to act impartially and in the best interest of the Buyer or the Government when performing under the Prime Contract and this Agreement. Personal conflicts of interest may arise, but not necessarily be limited to, performance under this Agreement involving acquisition functions closely associated with inherently governmental functions. The Seller is responsible for ensuring that (1) personnel are not placed for work under this Agreement that have a personal conflict of interest (2) personnel who are working under this Agreement in which a personal conflict of interest is discovered report such instance to the Buyer and (3) comply with the requirements of FAR 52.203-16. Failure to comply with this requirement may result, at Buxxx’x sole discretion, in the Seller being terminated in accordance with the Termination Articles of this Agreement.
Personal conflict of interest means a personal, business, or financial interest of an individual, his or her spouse,

Related to Personal conflict of interest

  • Potential conflict of interest means any action or any decision or recommendation by a person acting in a capacity as a public official, the effect of which could be to the private pecuniary benefit or detriment of the person or the person’s relative, or a business with which the person or the person’s relative is associated, unless the pecuniary benefit or detriment arises out of the following:

  • Actual conflict of interest means any action or any decision or recommendation by a person acting in a capacity as a public official, the effect of which would be to the private pecuniary benefit or detriment of the person or the person's relative or any business with which the person or a relative of the person is associated unless the pecuniary benefit or detriment arises out of circumstances described in subsection (7) of this section.”

  • Conflict of Interest means that because of other activities or relationships with other persons, a person is unable or potentially unable to render impartial assistance or advice to the State, or the person's objectivity in performing the contract work is or might be otherwise impaired, or a person has an unfair competitive advantage.

  • Unprofessional conduct means the same as that term is defined in

  • list of accredited prospective providers means the list of accredited prospective providers which the municipality must keep in terms of paragraph 14 of this policy;

  • Business relationship means a connection between two or more parties based on commercial activity of one of the parties. The term does not include a connection based on: (A) a transaction that is subject to rate or fee regulation by a federal, state, or local governmental entity or an agency of a federal, state, or local governmental entity; (B) a transaction conducted at a price and subject to terms available to the public; or (C) a purchase or lease of goods or services from a person that is chartered by a state or federal agency and that is subject to regular examination by, and reporting to, that agency. Texas Local Government Code 176.001(3).

  • Parties has the meaning set forth in the Preamble.

  • Litigation means any lawsuit, action, arbitration, administrative or other proceeding, criminal prosecution or governmental investigation or inquiry.