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HomeMy WebLinkAboutCode of Conduct City of Waterloo, Iowa - 7.17.2006 CODE OF CONDUCT City of Waterloo, Iowa PURPOSE The purpose of the code of conduct is to ensure the efficient, fair, and professional administration of federal grant funds in compliance with 24 CFR 85 (85.36(b)(3)) and other applicable federal and state standards, regulations, and laws. APPLICATION This code of conduct applies to all officers, employees, or agents of the City of Waterloo engaged in the award or administration of contracts supported by federal grant funds. REQUIREMENTS No officer, employee, or agent of the City of Waterloo shall participate in the selection, award, or administration of a contract supported by federal grant funds if a conflict of interest, real or apparent, would be involved. Such a conflict would arise when: • The employee, officer or agent • Any member of his/her immediate family • His/her partner or • An organization that employs, or is about to employ any of the above has a financial or other interest in the firm selected for award. The City of Waterloo's officers, employees, or agents shall neither solicit nor accept gratuities, favors, or anything of monetary value from contractors,potential contractors, or subcontractors. REMEDIES To the extent permitted by federal, state, or local laws or regulations, violation of these standards may cause penalties, sanctions, or other actions to be taken against the City of Waterloo's officers, employees, or agents, or the contractors,potential contractors, subcontractors, or their agents. -6(e Certifying Official Date J:\NANCY-G\Code of Conduct\CODE OF CONDUCT 5 25 2006.doc Code of Conduct Waterloo,Iowa May 2006