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CONFLICT OF INTEREST DISCLOSURE STATEMENT FORM COI DB0801 Background The integrated nature of Design-Build creates the potential for conflicts of interest. Disclosure, evaluation, and management of
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Conflict of interest disclosure is a process by which individuals disclose any potential conflicts of interest that may arise in their professional responsibilities or decision-making processes.
The individuals who are required to file conflict of interest disclosure vary depending on the specific organization or governing body. Generally, it includes employees, board members, elected officials, and individuals in positions of authority or decision-making power.
The process of filling out a conflict of interest disclosure form typically involves providing personal information, detailing any potential conflicts of interest, describing the nature of the conflicts, and providing any necessary supporting documentation. The specific instructions may vary based on the organization or governing body.
The purpose of conflict of interest disclosure is to promote transparency and ensure that individuals in positions of authority or decision-making are accountable for any potential conflicts of interest. It allows stakeholders to identify and mitigate conflicts, ensuring fair and ethical decision-making processes.
The specific information required on a conflict of interest disclosure form may vary, but generally, it includes personal information of the individual filing the disclosure, details of the potential conflicts, the nature of the conflicts, and any relevant supporting documentation.
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