§ 94.1 Purpose
§ 94.2 Applicability
§ 94.3 Definitions
§ 94.4 Responsibilities of Institutions regarding Investigator financial conflicts of interest
§ 94.5 Management and reporting of financial conflicts of interest
§ 94.6 Remedies

Terms Used In 45 CFR Part 94 - Responsible Prospective Contractors

  • Contract: A legal written agreement that becomes binding when signed.
  • Dependent: A person dependent for support upon another.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Statute: A law passed by a legislature.