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Expert Analysis

Contractors Should Fight Proposed Conflict Of Interest Rule

Law360, New York ( May 5, 2014, 3:00 PM EDT) -- All contractors must guard against conflicts of interest, both with their personnel and their organizations. For personal conflicts of interest, the Federal Acquisition Regulation currently requires contractors to take certain measures to avoid and mitigate conflicts of interest involving certain employees. For example, contractors must have procedures in place to screen covered employees for potential conflicts. This entails having employees disclose personal and financial information and to update these disclosures whenever an employee's personal or financial circumstances change such that a new personal conflict of interest might occur....

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