The Conflict of Interest Policy requires an annual disclosure form be completed and filed annually with the Office of the Vice President for Finance & Operations by members of the President’s Administrative Group (“PAG”), with the exception of Officers and members of the Senior Staff (who instead comply with the more extensive Policy on Conflicts of Interest for Trustees and Officers), and by designated other members of the administrative staff whose positions, job responsibilities or relationships could give rise to conflicts of interest. This disclosure requirement is in accordance with the Code of Conduct approved by the Board of Trustees. The Disclosure Form is to also be completed and filed with the Office of the Dean of the Faculty by designated members of the faculty whose job responsibilities or relationships could give rise to conflicts of interest.
Examples of conflicts of interest disclosed under the Conflict of Interest Policy
I. Conflict of Interest due to Vendor relationship:
- Employee or family member (spouse/partner, sibling, parent, child) owns a company or runs a business that sells goods or services to the college, for example, food, office supplies, professional or construction services.
- Employee’s family member is a self-employed contractor who does work for the college. This does not include the case of the employee’s family member employed by a firm he/she does not own unless the college employee is in a position to direct the work given or evaluate the services of the firm.
II. Conflict of Interest due to Financial relationship:
- Employee or family member is an investor, officer, or board member of a for-profit company that does or seeks to do business with the college, for example, banks, professional service firm, construction contractor, or information technology consultant.
III. Conflict of Interest due to governance relationship:
- Employee is a non-paid member of a non-profit governing board, i.e., hospital, museum, youth organization, religious institution that contracts with or receive money or other support from the college.
- Employee is a member of a town or regional governmental agency that has regulatory authority over some aspect of the college’s operations.
Updated January, 2018