The Work Team, in coordination with NCP, shall ensure that Persons disclose any conflict of interest that they may have.
The Supervisory Committee, or NCP may require Persons to acknowledge or re-acknowledge their disclosure in writing prior to, during, and/or after the procurement process, including Privatization project preparation stages and/or during Privatization contract administration. The Supervisory Committee and NCP shall ensure the confidentiality of any submitted disclosures.
Disclosure shall include at a minimum:
a) a description of the current or future interest(s) and/or relationship(s) that are or could be the basis of the conflict of interest;
b) a description of the work or activity of the Kingdom giving rise, directly or indirectly, to the actual or potential conflict;
c) a description of the steps the Person can and is willing to take to mitigate the conflict of interest, if any.
All disclosures shall be in writing, certified, and submitted to the Supervisory Committee, and NCP, as the case may be.
Whenever a disclosure is received, the Supervisory Committee shall investigate the conflict and in consultation with and with the consent of NCP, shall issue a written conflict of interest resolution that either:
a) dismisses the conflict based upon a showing that no conflict exists;
b) acknowledges the conflict but conditionally excuses it so long as the conflict is minor, will remain minor, and will have no impact on the Person's professional and/or public obligation(s) to the Kingdom;
c) acknowledges the conflict but conditionally excuses it as long as the conflict is mitigated and timely manner and will have no impact on the Person's professional and/or public obligation(s) to the Kingdom;
d) cites the conflict and the fact that it cannot be mitigated, and recommends remedial measures that will eliminate the conflict, such as recusal of such individual from his/her professional and/or public obligation(s) to the Kingdom giving rise to the conflict; or
e) recommends such other steps as the Supervisory Committee and NCP may decide.