Common use of Conviction Clause in Contracts

Conviction. The Contractor and it principals have not within a 3-year period preceding this bid been convicted of or had a civil judgment rendered against them for commission of fraud or a criminal offence in connection with obtaining, attempting to obtain, or performing a public (Federal, State, or local) transaction or contract under a public transaction; violation of Federal or State antitrust statutes or commission of embezzlement, theft, forgery, bribery, falsification or destruction of records, making false statements, or receiving stolen property. That the Contractor and it principals are not presently indicted for or otherwise criminally or civilly charged by a governmental entity (Federal, State, or local) with commission of any of the offenses enumerated in the above paragraph. That the Contractor and its principals have not within a 3-year period preceding this bid had one or more public transactions (Federal, State or local) terminated for breach or default of a timber or forest product contract.