Prohibition Against Contingent Fees

(a) Contingent Fees. It shall be a breach of ethical standards for a person to be retained, or to retain a person, to solicit or secure a Guam contract upon an agreement or understanding for a commission, percentage, brokerage or contingent fee, except for retention of bona fide employees or bona fide established commercial selling agencies for the purpose of securing business. (b) Representation of Contractor. Every person, before being awarded a Guam contract, shall represent, in writing, that such person has not retained anyone in violation of Subsection (a) of this Section. Failure to do so constitutes a breach of ethical standards. (c) Contract Clause. The representation prescribed in Subsection (b) of this Section shall be conspicuously set forth in every contract and solicitation therefor. SOURCE: GC § 6980.7. MPC § 12-207. 2024 NOTE: References to “territorial” replaced with “Guam” pursuant to 1 GCA § 420.