Ill. Admin. Code tit. 92, § 5.200 – Conflicts of Interest | Midpage
§ 5.200
Ill. Admin. Code tit. 92, § 5.200
Conflicts of Interest
AUTHORITY: Implementing Section 2705-610, and authorized by Section 2705-610(c), of the Department of Transportation Law of the Civil Administrative Code of Illinois [20 ILCS 2705/2705-610].DEPARTMENT OF TRANSPORTATION SUBCHAPTER a: GENERAL
a) Members of the Committee cannot be related in any way to or involved with an entity submitting an application for a loan, may not be in a position of authority to participate personally and substantially in the decision to award a State contract or with oversight relative to the procurement process for the State, nor may a member have a material, personal, financial or fiduciary interest that would affect his/her participation on the Committee.
b) The Fund Control Agent or Agents cannot be related in any way to or involved with an entity that has been approved for a loan, may not be in a position of authority to participate personally and substantially in the decision to award a State contract or with oversight relative to the procurement process for the State, nor may a member have a material, personal, financial or fiduciary interest that would affect his/her participation in the program.
c) Members of the Committee and the Fund Control Agent or Agents are required to report to the Department's ethics officer any situation that might indicate a conflict of interest or create the appearance of a conflict.