J. FINANCIAL DISCLOSURE TO AVOID CONFLICT OF INTEREST
Project director or investigator objectivity is extremely important for the responsible and ethical conduct of research and other Federally-funded project activities. Federal grant projects are funded to contribute to the body of knowledge in the disciplines and to create and expand upon best practices. Protecting the design, conduct, and reporting of externally funded projects from potential bias due to conflicting financial interests is critical. Unfortunately, some researchers nationally have allowed conflicts of interest to bias their research findings. For this reason, funding agencies such as the National Science Foundation and the National Institute of Health require principal investigators/project directors, and co-principal investigators to “disclose their significant financial interests and require institutions to maintain an appropriate written, enforced policy on conflict of interest” in keeping with the agency regulations.
Additional Conflicts of Interest Requirements.
The conflicts of interest disclosure requirements for Federal grants are in addition to the ones already applicable to MCCCD employees. All MCCCD employees are expected to comply with Arizona Revised Statutes §38-503 prohibiting an employee who has, or whose relatives have, a financial or proprietary interest in a matter relating to MCCCD to disclose that interest and refrain from participating in any way in any vote, decision, contract, or purchase regarding that MCCCD matter. For more information on ARS §38-503 go to: http://www.maricopa.edu/legal/blc/coi_statutes.htm
Additionally, MCCCD’s All Employee Manual prohibits employees from participating in any way in the hiring or supervision of their relatives. To comply with that law and policy, MCCCD employees are required, in July of each year, to acknowledge their understanding of those conflicts of interest restrictions and, if applicable, disclose their financial interests in a business, firm or organization that may have business dealing with MCCCD. Employees are also asked to identify any relatives who also work in MCCCD. Employees are required to electronically complete these acknowledgements, disclosures, and certifications annually through the Human Resource Management System (HRMS). This information is reviewed by appropriate individuals in Business Services and Human Resources who take appropriate action when needed to address conflict of interest issues.
Requirements Specific to Certain Federal Agencies.
the National Science Foundation and the Health and Human Services agencies require all investigators to disclose to their institutions every significant conflict of interest prior to proposal submission. They also require updating, if necessary, prior to the expenditure of any funds for a new award. Other Federal agencies such as the U.S. Department of Education call for disclosure of financial interest to the institution prior to the expenditure of any grant funds.
Specific Financial Disclosure for Federally-funded Grants.
To ensure satisfactory compliance with the conflict of interest mandates under Federally-funded grants, the MCCCD Grants Development and Management Department has developed a Financial Disclosure for Avoiding Conflict of Interest in Federally Funded Projects form to more fully address Federal requirements for disclosure of financial interest. As in the case of other MCCCD employee disclosures, it is accessed on-line through the HRMS system. The District Grants needs to add you to the system so that it appears in your HRMS employee account.
The complete MCCCD Standards for Financial Disclosure to Avoid Conflict of Interest in Federally-Funded Projects is contained in Appendix I.