Which FAR part addresses personal conflict of interest?

FAR Part 3 addresses personal conflicts of interest by providing regulations intended to prevent and manage situations where an individual's personal interests might interfere with their responsibilities in government contracting. This part emphasizes the importance of ethical conduct among government employees, contractors, and subcontractors. It includes guidance on identifying conflicts, disclosing them, and establishing safeguards to mitigate any potential issues.

The regulations outlined in FAR Part 3 serve to uphold integrity and public trust in government contracting processes. By ensuring that conflicts of interest are managed appropriately, the government maintains fairness and transparency in award decisions, fostering a level playing field for all participants in the contracting process.

Understanding FAR Part 3 is crucial for anyone involved in federal contracting, as it directly deals with the ethical responsibilities of all parties involved and helps to navigate the complexities of personal relationships in a professional context.