Conflicts of Interest

Section 2600.1000  Conflicts of Interest a)         An individual has a conflict of interest when he or she has a direct pecuniary interest in a contract and is owed a payment or otherwise receives a direct financial benefit in conjunction with performance of a contract, including finder's fees and commission payments.  No individual with a conflict of interest in a particular procurement may take part in the procurement process. b)         This Section does not apply to contracts with licensed professionals, provided the contracts are competitively bid as described in Subpart D.