BBNC Code of Ethics Code of Ethics_JooMag | Page 42

BYRD AMENDMENT BBNC may engage in proper activities that influence, or are intended to influence, the award of a government contract. The Byrd Amendment prohibits BBNC from charging costs associated with such activities to a government contract. Activities which “influence the award” of a government contract cover a broad range, including most discussions with government personnel about procurement. However, there are some exceptions to this prohibition. These “permitted” activities (which include most routine marketing and contract administration functions) are allowable under government contracts. This area of law is complex, and it is important for employees who deal with government officials concerning solicitations or other marketing or lobbying activities to be familiar with, and to comply with, the applicable laws and regulations. If this applies to you, you are expected to work with the BBNC Compliance Department to ensure full compliance. 40