Tennessee § 12-4-115 - “Organizational conflicts of interest” defined — Policies and procedures — Reporting.

§ 12-4-115. “Organizational conflicts of interest” defined — Policies and procedures — Reporting.

As used in this section, “organizational conflicts of interest” may include any relationship or action between any party, including contractors and consultants, and the state or its agents making decisions to procure or contract that may: Conflict with the state's best interest; or Taint the procurement process or reputation of the state. The central procurement office, state building commission and department of transportation shall establish policies and procedures to define and identify organizational conflicts of interest. The policies and procedures shall set forth methods, which may include avoidance, mitigation, or waiver, to deal with organizational conflicts of interest. The policies and procedures shall provide that all determinations relating to specific organizational conflicts of interest be in writing. Such determinations shall periodically be reported to the speaker of the house of representatives, the speaker of the senate and to the comptroller of the treasury. Acts 2014, ch. 758, § 1. Compiler's Notes. For the disposition of sections in title 12, ch. 3, as amended by Acts 2013, ch. 403, effective July 1, 2013, please see the table of disposition in § 12-3-101 . Former § 12-4-115 was transferred to § 12-4-110 by Acts 2013, ch. 403, § 78, effective July 1, 2013. Cross-References. Reporting requirement satisfied by notice to general assembly members of publication of report, § 3-1-114 .