ATTACHMENT E.docx

ATTACHMENT E

DECLARATION OF INDEPENDENCE AND CONFLICT OF INTEREST STATEMENT

Grant Compliance Audit for Inter-American Foundation

General Provision

To perform Inter-American Foundation (IAF) Grant Compliance Audits, the Contractor must be independent and objective with respect to IAF and IAF Grantees. The Contractor must certify that it is not aware of any conflict of interest situations at the time the contract is awarded. To maintain independence and objectivity with respect to the IAF and the IAF Grantees, the Contractor shall also agree not to enter into any contract that will create or appear to create a conflict of interest, impair independence or objectivity, or create the appearance that independence or objectivity has been impaired, without the prior written approval from the Foundation. In cases in which the contractor should know there may be a potential conflict or appearance of such, the contractor agrees to notify the IAF and provide all relevant information for an appropriate review of the situation to be conducted.

Requirements

The Contractor shall comply with the following requirements:

(a) The Contractor shall notify the IAF of any potential new contract with an IAF Grantee or with any affiliated IAF Grantee organization.

(b) The Contractor shall comply with the contract conflict of interest and independence clause contained in the Performance Work Statement.

(c) The Contractor shall comply with the independence standards set forth in Generally Accepted Government Auditing Standards (GAGAS), 2007 revision, issued by the Comptroller General of the United States, and its successors.

(d) The Contractor shall sign this Declaration of Independence and Conflict of Interest Statement and submit with its proposal.

(e) The Contractor shall sign an updated Declaration of Independence and Conflict of Interest Statement (same form), prior to the award of the option years of this contract.

Example

The following example illustrates a situation in which questions concerning conflict of interest may arise. This example is illustrative, but not exclusive:

Providing separate accounting or consulting services to an IAF Grantee or IAF Grantee-affiliated organization.

Penalties

If the Contractor fails to comply with the above requirements, it may be considered a material breach ofcontract subject to monetary penalty, termination for default, and other legal action, such as debarment from future Federal contracts.

Certification

The Contractor certifies and represents the following:

(a) The Contractor has read and fully understood the above information and what is required concerning conflict of interest, independence and objectivity.

(b) The Contractor represents that it is independent and objective with respect to the IAF.

(c) The Contractor is in compliance with the requirements set forth above.

(d) The Contractor shall not enter into any contract that will create or appear to create a conflict of interest, impair independence or objectivity, or create the appearance that independence or objectivity has been impaired.

Signature of Engagement Partner, Principal or Proprietor Date