Conflict of interest

Any situation in which: a) someone in a position of trust has competing professional or personal interests which make it difficult for him to fulfil his duties impartially, b) an individual or organization is in a position to exploit a professional or official capacity in some way for his personal or for corporate benefit, or c) incompatibility or contradictory interests exist between an employee and the organization which employs that employee. (Source: CIDB Standard for Uniformity in Construction Procurement).