Potential or actual conflict of interest is an issue that can arise in many contractual situations. As a result, a conflict of interest clause should be included in the contract. In many cases it may be necessary to obtain a separate deed, or undertake investigations to ensure that the contractor (including its employees, subcontractors or agents) is not in a position where their business or personal interests could conflict with those of the acquiring entity or other parties assisting the acquiring entity. These clauses typically require all personnel involved in providing services to sign conflict of interest declarations. Conflict of interest policies should be renewed periodically. | Potential or actual conflict of interest is an issue that can arise in many contractual situations. |