Confidentiality Statement (Vendor) - New York City

Confidentiality Statement (Vendor) is a legal document that was released by the New York City Department of Health and Mental Hygiene - a government authority operating within New York City.

FAQ

Q: Why do I need to sign a confidentiality statement as a vendor in New York City?
A: A confidentiality statement protects sensitive information and trade secrets.

Q: What does a confidentiality statement do?
A: A confidentiality statement sets expectations about keeping information confidential.

Q: What is considered sensitive information?
A: Sensitive information includes customer data, financial information, strategic plans, and proprietary technology.

Q: Can I share sensitive information with others if I sign a confidentiality statement?
A: No, a confidentiality statement prohibits sharing sensitive information without proper authorization.

Q: What happens if I breach the confidentiality statement?
A: Breach of a confidentiality statement can result in legal consequences, such as lawsuits or financial damages.

Q: How long does a confidentiality statement last?
A: The duration of a confidentiality statement varies and is usually specified in the agreement.

Q: Who can enforce a confidentiality statement?
A: Both parties involved in the agreement can enforce a confidentiality statement by taking legal action if necessary.