II.A.1. “Staff” includes Council staff and RTF contract staff.
II.A.2. Having a “financial interest” in a RTF Transaction means a person, organization or entity stands to gain or lose money or business as a direct result of the RTF transaction, no matter the amount.
II.A.3. "RTF Transaction” is:
II.A.3.i. An RTF vote with respect to any of any of the following:
- Costs and savings of conservation measures
- Performance of renewable resources
- Technical recommendations on standardized protocols for verification and evaluation of energy savings
- Savings calculation methodologies
- Measure technical specifications
- Measure life
- Adoption of a published report, database, work plan, scope of work, finding, research recommendation or request for proposals
II.A.3.ii. An RTF discussion or vote on a contract for performance of services for the RTF.
II.A.3.iii. An RTF discussion or vote on contractor qualifications or review of proposals.
II.A.4. “Appearance of a conflict of interest” occurs when a Covered Party has a relationship to an RTF Transaction such that a reasonable person, fully apprised of all the relevant circumstances, could call into question their impartiality with respect to the transaction.
A conflict of interest does not arise solely by virtue of an existing employment or other business relationship with an entity that funds the RTF.
Covered Parties may work for utilities, regulate utilities, or make recommendations to utilities. Their participation in the ordinary course of RTF business may have a financial impact on utilities they work for, regulate or make recommendations to. So long as any financial impacts of an RTF Transaction accrue to utilities generally and not to the Covered Party specifically or to any interest imputed to the Covered Party, the Covered Party’s participation in the RTF Transaction will not constitute a conflict of interest under this Policy.
- This exclusion does not apply to situations where the RTF discusses a specific contract or proposal to enter into a contract with a utility. In that situation, a Covered Party who is employed by that utility may have an actual conflict or an appearance of conflict of interest.
The following examples are not exhaustive, but illustrate the application of this Policy.
A conflict of interest occurs when a Covered Party:
- Is a party to a contract with the RTF; or
- Has a financial interest in an entity that has or seeks a business relationship with the RTF; or
- Will receive incentive pay or a bonus as a result of his/her participation in a particular RTF Transaction.
- Accepts any gift or entertainment with a value over $50 from an individual or entity involved in a Transaction with the RTF.
An appearance of conflict of interest occurs when a Covered Party:
- Has an employment relationship with an entity that has or seeks a business relationship with the RTF