- In some cases, a consultant or prospect may require anyone/everyone working on a project to sign a Confidentiality Statement.
- When a Confidentiality Statement is required, be sure to inform the KEDC members and GKCC staff that a statement has been signed on behalf of Killeen.
- Even if a statement isn’t requested, all projects should be kept confidential and only discussed with those involved in the decision making process for economic development.
- There are many reasons to keep projects confidential.
- Most projects are competitive. Information can find its way to communities who are in a position to compete for the investment.
- No project is safe until documents, including Performance Agreements, have been executed.
- The company may not want their competition to know their plans.
- Open discussion leads to speculation. Speculation leads to unrealistic expectations and increased land prices.