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This document serves as a comprehensive guide for completing the Economic Disclosure Statement required for bidders, proposers, and respondents engaging in contracts with Cook County. It includes instructions, necessary certifications, and disclosures regarding economic interests, child support obligations, and familial relationships with County officials. The document outlines responsibilities for maintaining accurate disclosures and provides sections for various declarations and signatures.
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An economic disclosure statement is a document that provides information about a person's financial interests, relationships, and potential conflicts of interest, typically required for public officials or individuals involved in government contracts.
Individuals such as public officials, government employees, and contractors who participate in government procurement processes are generally required to file an economic disclosure statement.
To fill out an economic disclosure statement, individuals must provide detailed information about their financial interests, including income sources, ownership interests, and any relevant relationships, adhering to the specific format and instructions provided by the governing body.
The purpose of an economic disclosure statement is to ensure transparency, prevent conflicts of interest, and promote ethical behavior in government dealings by requiring individuals to disclose their financial interests.
Information that must be reported includes sources of income, affiliated organizations, ownership interests in businesses, debts, and any other financial interests that might influence decision-making.
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