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FAR 3.402 is the rule that tells people when they can give gifts to government workers. It helps make sure everything is fair and honest.
FAR 3.402 explains what an “organizational conflict of interest” (OCI) is. It means a company might not be fair because they have inside info or could help write the rules they later follow. The rule helps keep government deals fair by stopping companies from having an unfair advantage. It protects how contracts are given out and makes sure no company gets special treatment—like stopping a referee from also playing the game.
FAR 3.402 explains when and how the government can cancel, or “void,” a contract if someone broke the rules to get it. This means if a deal was made unfairly—like through bribery—the government can stop the contract. It helps protect taxpayer money and keep deals honest. Think of it like hitting a reset button when a game was won by cheating. This rule is part of FAR 3, which deals with how to avoid bad behavior in government contracts.
A common mistake with FAR 3.402 is not spotting a conflict of interest early. Some forget to check if personal or financial ties could affect decisions. Others don’t keep proper records, which makes it hard to show actions were fair. Ignoring these rules can lead to serious problems, like canceled contracts or legal trouble. Always check for conflicts and stay transparent. This helps protect the government and keeps the process fair for everyone.
<a href="https://learn.cradle2contract.com/made-simple/far-3-401-application">FAR 3.401 – Application</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-403-definition">FAR 3.403 – Definition</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-404-contractors-responsibilities">FAR 3.404 – Contractor’s Responsibilities</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-405-government-actions">FAR 3.405 – Government Actions</a><br>
<a href="https://learn.cradle2contract.com/made-simple/far-3-406-remedies">FAR 3.406 – Remedies</a>