Common use of Disclosure of Potential Conflicts of Interest Clause in Contracts

Disclosure of Potential Conflicts of Interest. Pursuant to Texas Government Code § 2261.252(b), “[a] state agency may not enter into a contract for the purchase of goods or services with a private vendor with whom any of the following agency employees or officials have a financial interest: (1) a member of the agency’s governing body; (2) the governing official, executive director, general counsel, chief procurement officer, or procurement director of the agency; or (3) a family member related to an employee or official described [above in] (1) or (2) within the second degree of affinity or consanguinity.”

Disclosure of Potential Conflicts of Interest. Pursuant to Texas Government Code § 2261.252(b), “[a] state agency may not enter into a contract for the purchase of goods or services with a private vendor with whom any of the following agency employees or officials have a financial interest: have (1) a member of the agency’s governing body; (2) the governing official, executive director, general counsel, chief procurement officer, or procurement director of the agency; or (3) a family member related to an employee or official described [above in] (1) or (2) within the second degree of affinity or consanguinity.”