Preventing Personal Conflicts Of Interest Among Contractor Employees Performing Acquisition Support Services
On December 2, 2011, Federal Acquisition Regulation Subpart 3.11 - Preventing Personal Conflicts of Interest for Contractor Employees Performing Acquisition Functions -- took effect. The new Rule imposes a host of compliance obligations on contractors, including the requirement to screen for and prevent personal conflicts of interest when supporting acquisition functions. The Rule also requires contractors to prohibit covered employees from utilizing non-public information for personal gain and to obtain from covered employees executed non-disclosure agreements prohibiting the dissemination of such information.
Two of our Government Contracts lawyers – Partner Keith Szeliga and Associate Franklin Turner – recently published a Briefing Paper that assists contractors in understanding the Rule and complying with its requirements.
Click here to view a PDF copy of the article.