Policies & Bylaws

This page contains KRRC bylaws and policies, as approved by KRRC’s Board of Directors.

Bylaws

Adopted and effective as of May 24, 2016

Conflict of Interest Policy

The purpose of the conflict of interest policy is to protect this tax-exempt organization’s (Organization) interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Organization or might result in a possible excess benefit transaction. This policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations.

Whistleblower Policy

The Klamath River Renewal Corporation (KRRC) expects its directors, officers, employees, and volunteers to conduct themselves honestly, ethically, and in compliance with applicable governmental rules and regulations, and with the policies adopted by KRRC. This statement of KRRC’s Whistleblower Policy is intended to ensure that KRRC’s employees and volunteers know (1) that KRRC encourages them to report promptly suspected violations of these standards, (2) that retaliation against employees or volunteers who make reports covered by this policy is prohibited, and (3) the manner in which such reports should be made.

Procurement Policy

The policy set forth in this document establishes standards and guidelines for the procurement of supplies, equipment, construction, and services to ensure that they are obtained as economically as possible through an open and competitive process, and that contracts are managed with good administrative practices and sound business judgment. Procurement of goods and services for Klamath River Renewal Corporation (KRRC) will be conducted in an open and competitive environment to ensure that prices paid are fair and reasonable. Purchasing activities include obligations for proper transaction documentation, fiscal responsibility, ethical conduct, adherence to federal and state government regulations, and compliance with KRRC’s internal policies as well as the policies of our Funders. The overarching procurement goal is to maximize KRRC’s purchasing power by strategic sourcing where possible to drive value in the performance of KRRC’s mission, which is completion of the Klamath River Renewal Project consistent with the Klamath Hydroelectric Settlement Agreement as amended (2016) (KHSA). Additionally, KRRC seeks to minimize exposure to risk while maintaining flexibility in procurement activity.

Reimbursement Policy

The purpose of this policy is to emphasize that it is the responsibility of all those who do business on behalf of Klamath River Renewal Corporation (“KRRC”) to exercise good stewardship of the organization’s resources, provide management with records of all expenses incurred in connection with corporation business, and ensure that corporation funds are expended in line with the constraints placed upon KRRC by the IRS and other government agencies and funders.