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Question
An officer of the Office of the President, assigned to the Bids and Awards Committee for a national procurement of integrated telecommunications and maintenance services, participates in the BAC’s evaluation and in the final awarding decision. His spouse owns 45% of TechNova Communications, Inc., a private firm bidding for the project. He does not disclose this ownership. (a) Does the officer’s conduct constitute a prohibited financial or pecuniary interest under RA 6713 Sec. 7(b)(2)? (b) Which rule(s) govern this situation, and what is the controlling standard for determining conflict of interest? (c) What are the appropriate consequences and remedies for him and for the appointing authority?