Conflicts of interest at ISU

 

Indiana law provides for criminal penalties for conflicts of interest by public servants under certain circumstances.

 

“A public servant who knowingly or intentionally has a pecuniary interest in or derives a profit from a contract or purchase connected with an action by the governmental entity served by the public servant commits conflict of interest, a Class D Felony.  A public servant who has pecuniary interest in a contract or purchase if the contract or purchase will result or is intended to result in an ascertainable increase in the income or net worth of the public servant or a dependent of the public servant who is under the direct or indirect administrative control of the public servant; or receives a contract or purchase order that is reviewed, approved, or directly or indirectly administered by the public servant.  “Dependent” means any of the following:  the spouse of a public servant; a child, stepchild, or adoptee (as defined in I.C. 31-3-4-1) of a public servant who is unemancipated and less than eighteen (18) years of age; and any individual more than one-half (1/2) of whose support is provided during a year by the public servant.” IC 35-44-1-3

 

  The foregoing consists only of excerpts from I.C. 35-44-1.3. Care should be taken to review I.C. 35-44-1-3 in its entirety.

 

 In accordance with ISU Policy 630.17, ISU employees are required to disclose potential conflicts of interest to the ISU Board Trustees by submission of the Conflict of Interest Form to the Secretary of the University. Please complete this form if you believe that you may have a conflict of interest.

 

More information about Conflicts of Interest can be found on the ISU Purchasing Website.