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Procurement and Contracts
Revised March 2013
SAMPLE CONSTRUCTION CONTRACT (continued)
Conflict of Interest
No person who is an employee, agent, consultant, officer, or elected or appointed official of the
<MUNICIPALITY> or other pertinent party may obtain a personal or financial interest or benefit form,
or have an interest in, this contract or the proceeds hereunder, either for themselves or for those with
whom they have family or business ties, during their tenure or for one year thereafter, if they exercise
or have exercised any functions or responsibilities with respect to the program or are in a position to
participate in a decision-making process or gain inside information with regard to the program.
This Contract shall be construed under the laws of the State of Vermont and may be modified or
amended only by a written instrument executed by both the Owner and the Contractor.
IN WITNESS WHEREOF, THE OWNER AND THE CONTRACTOR HAVE EXECUTED THIS
CONTRACT AS OF THE DATE FIRST WRITTEN ABOVE.
AUTHORIZED SIGNATURE SECRETARY/TREASURER