Referral fee to buyer
Referral fee to buyer
(OP)
What are the legal and ethical obligations when the referrer becomes the buyer after the referral is made and verbally agreed upon? I have a proposal for engineering services and product delivery to a company but hasn't yet been submitted. After the introduction, my referrer was offered and accepted a position with said company with direct authority to contract selection. So basically, my referrer is now my buyer. My gut reaction is this is at least an ethical issue due to conflict of interest. Is there a legal precedence here?





RE: Referral fee to buyer
Dan - Owner
http://www.Hi-TecDesigns.com
RE: Referral fee to buyer
Did you ask referrer for the referral?
If you can answer no to both questions, you have at most a disclosable issue, but not unethical. Since you are in aerospace, there could be some impropriety that those of us in public consulting wouldn't consider.
Disclose the issue to all involved and if you are allowed to move forward, go for it.
RE: Referral fee to buyer