In accordance with 2 CFR 200.318 of the Uniform Guidance regulations, no employee, officer, or agent may participate in the selection, award, or administration of a contract supported by a Federal award if he or she has a real or apparent conflict of interest. Such a conflict of interest would arise when the employee, officer, or agent, any member of his or her immediate family, his or her partner, or an organization which employs or is about to employ any of the parties indicated herein, has a financial or other interest in or a tangible personal benefit from a firm considered for a contract. The officers, employees, and agents of the University may neither solicit nor accept gratuities, favors, or anything of monetary value from contractors or parties to subcontracts outside of an unsubstantial or unsolicited item of nominal value as allowed in section 14.120 of the Board of Governor’s policy on conflict of interest.