Laserfiche WebLink
5 . i <br /> this Agreement in connection with the performance of this <br /> Proj ect. <br /> Section 103 . Ethics . <br /> . a. Code of Ethics. The Recipient agrees to maintain a <br /> written code or standards of conduct that shall govern the <br /> performance of its officers, employees, board members, or <br /> agents engaged in the award and administration of contracts <br /> supported by Federal funds. The code or standards shall <br /> provide that the Recipient's officers, employees, board <br /> members, or agents may neither solicit nor accept gratuities, <br /> favors or anything of monetary value from present or <br /> potential contractors or subrecipients. The Recipient may <br /> set minimum rules where the financial interest is not <br /> substantial or the gift is an unsolicited item of nominal <br /> intrinsic value. As permitted by State or local law or <br /> regulations, such code or standards shall provide for <br /> penalties, sanctions, or other disciplinary actions for _ <br /> violations by the Recipient' s officers, employees, board <br /> members, or agents, or by contractors or subrecipients or <br /> their agents. <br /> (1) Personal Conflict of Interest. The Recipient' s code <br /> or standards must provide that no employee, officer, board <br /> member, or agent of the Recipient may participate in the <br /> selection, award, or administration of a contract supported <br /> by Federal funds if a real or apparent conflict of interest <br /> would be involved. Such a conflict would arise when any of <br /> the parties set forth below has a financial or other interest <br /> in the firm selected for award: <br /> (a) The employee, officer, board member, or agent; <br /> (b) Any member of his or her immediate family; <br /> (c) His or her partner; or <br /> (d) An organization that employs, or is about to <br /> employ, any of the above. <br /> (2) 4rQanizational Conflicts of Interest. The <br /> Recipient's code or standards of conduct must include <br /> procedures for identifying and preventing real and apparent <br /> organizational conflicts of interests. An organizational <br /> conflict of interest exists when the nature of the work to be <br /> performed under a proposed third party contract, may, without <br /> some restrictions on future activities, result in an unfair � <br /> competitive advantage to the contractor or impair the <br /> contractor' s objectivity in performing the contract work. <br /> Page 5 <br />