[Code of Federal Regulations]

[Title 45, Volume 1]

[Revised as of October 1, 2006]

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

[CITE: 45CFR74.42]



[Page 227-228]

 

                        TITLE 45--PUBLIC WELFARE

 

                    SUBTITLE A--DEPARTMENT OF HEALTH

                           AND HUMAN SERVICES

 

    PART 74_UNIFORM ADMINISTRATIVE REQUIREMENTS FOR AWARDS AND SUBAWARDS TO 

INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NONPROFIT ORGANIZATIONS, 

AND COMMERCIAL ORGANIZATIONS--Table of Contents

 

                    Subpart C_Post-Award Requirements

 

Sec.  74.42  Codes of conduct.



    The recipient shall maintain written standards of conduct governing 

the performance of its employees engaged in the award and administration 

of contracts. No employee, officer, or agent shall participate in the 

selection, award, or administration of a contract supported by Federal 

funds if a real or apparent conflict of interest would be involved. Such 

a conflict would arise when the employee, officer, or agent, or any 

member of his or her immediate family, his or her partner, or an 

organization which employs or is about to employ any of the parties 

indicated herein, has a financial or other interest in the firm selected 

for an award. The officers, employees, and agents of the recipient shall 

neither solicit nor accept gratuities, favors, or anything of



[[Page 228]]



monetary value from contractors, or parties to subagreements. However, 

recipients may set standards for situations in which the financial 

interest is not substantial or the gift is an unsolicited item of 

nominal value. The standards of conduct shall provide for disciplinary 

actions to be applied for violations of such standards by officers, 

employers, or agents of the recipients.