(a) 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:

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Terms Used In Tennessee Code 12-4-115

  • Contract: A legal written agreement that becomes binding when signed.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(1) Conflict with the state’s best interest; or
(2) Taint the procurement process or reputation of the state.
(b) 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.
(c) 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.
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