48 CFR 3.101-1 : Federal Acquisition Regulations System (Section 1.000 To Parts 9906-9999) — Federal Acquisition Regulation (Parts 1 - 99) (Section 1.000 To Parts 54-99) — General (Parts 1 - 4) (Section 1.000 To Section 4.1804) — Improper Business Practices And Personal Conflicts Of Interest (Section 3.000 To Section 3.1106) — Safeguards (Section 3.101 To Section 3.104-9) — General.

31 Dec 2014

Government business shall be conducted in a manner above reproach and, except as authorized by statute or regulation, with complete impartiality and with preferential treatment for none. Transactions relating to the expenditure of public funds require the highest degree of public trust and an impeccable standard of conduct. The general rule is to avoid strictly any conflict of interest or even the appearance of a conflict of interest in Government-contractor relationships. While many Federal laws and regulations place restrictions on the actions of Government personnel, their official conduct must, in addition, be such that they would have no reluctance to make a full public disclosure of their actions.

48 CFR 3.101-1