[Code of Federal Regulations]

[Title 48, Volume 7]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR2903.101-1]



[Page 14]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                     CHAPTER 29--DEPARTMENT OF LABOR

 

PART 2903_IMPROPER BUSINESS PRACTICES AND PERSONAL CONFLICTS OF INTEREST

--Table of Contents

 

                        Subpart 2903.1_Safeguards

 

Sec. 2903.101-1  General.



    The statutory prohibitions and their application to DOL personnel 

are discussed in the Standards of Ethical Conduct for Employees of the 

Executive Branch, 5 CFR part 2635 and the supplemental DOL standards of 

conduct, 5 CFR part 5201. All DOL personnel involved in acquisitions 

must become familiar with these statutory prohibitions. Any questions 

concerning them must be referred to an Agency Ethics Official in the 

Office of the Solicitor. In addition to criminal penalties, the statutes 

provide that transactions entered into in violation of these 

prohibitions are voidable (18 U.S.C. 218). Any suspected violations must 

be reported promptly to the Office of the Inspector General.