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Cabarrus County Transportation <br />Conflict of Interest Policy <br />[Click here and type Date that Board adopted policy] <br />In accordance with Board policy and related legislation, no employee, officer, agent, immediate <br />Family member, or Board member of the agency shall participate in the selection, award, or <br />Administration of a contract supported by Federal and /or State funds if a conflict of interest, real <br />Or apparent, would be involved. Such a conflict would arise when any of the following has a <br />Financial or other interest in the firm selected for award: <br />• The employee, officer, agent, or Board member, <br />• Any member of his /her immediate family, <br />• His or her partner, or <br />• An organization that employs, or is about to employ, any of the above. <br />The agency's officers, employees, agents, or Board members will neither solicit nor accept gifts, <br />Gratuities, favors, or anything of monetary value from contractors, potential contractors, or <br />Parties to sub agreements. <br />Grantees may set minimum rules when the financial interest is not substantial or the <br />Gift is an unsolicited item of nominal intrinsic value. To the extent permitted by state or local <br />law <br />Or regulations, such standards of conduct will provide for penalties, sanctions, or other <br />Disciplinary action for violation of such standards by the grantee's officers, employees, or <br />agents, <br />Or by contractors or their agents.] <br />The undersigned hereby acknowledges, understands, and agrees to abide by this policy. <br />(Printed Name) <br />(Signature) <br />(Date) <br />Attachment number 3 \n <br />G -1 Page 149 <br />