364 - Conflict of lnterest
The Office of Management and Budget’s (OMB) uniform guidance requires entities in applications and reports to disclose any potential conflicts of interest (§200.112) and mandatory disclosures such as criminal violations involving fraud and bribery among other risks (§200.113). Conflict of interest and mandatory disclosures are important when working with partners so that the applicant, when awarded as prime recipient, can assure its own compliance. Entities are held to the same standards of accountability as federal agencies when reviewing partners, contractors and subrecipients for their participation in federally funded grant projects. This includes potential conflicts of… Read More