Utah Admin. Code R23-1-2405 - Financial Conflict of Interests Prohibited
(1) A procurement conflict of interest is a
situation in which the potential exists for a division employee's personal
financial interests, or for the personal financial interests of a division
employee's family member, to influence, or have the appearance of influencing,
the division employee's judgment in the execution of the division employee's
duties and responsibilities when conducting a procurement or administering a
contract.
(2) To keep the integrity
of the division's procurement process, a division employee may not take part in
any procurement process, contracting or contract administration decision:
(a) relating to the division employee or a
family member of the division employee; or
(b) relating to any entity in which the
division employee or a family member of the division employee is an officer,
director or partner, or in which the division employee or a family member of
the division employee owns or controls 10% or more of the stock of such entity
or holds or directly or indirectly controls an ownership interest of 10% or
more in such entity.
(3)
If a procurement process, contracting or contract administration matter arises
relating to a division employee or a family member of division employee, the
division employee must advise the division employee's supervisor of the
relationship, and must be recused from any discussions or decisions relating to
the procurement, contracting or administration matter. The division employee
must also comply with all disclosure requirements in Title 67 Chapter 16, Utah
Public Officers and Employees' Ethics Act.
Notes
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