Web(9) Report the novation agreement or name change modification for each of the affected contracts to FPDS (see PGI 204.606 (4)(iv) and (v)). (10) The contracting officer responsible for execution of a change-of-name agreement (see FAR Subpart 42.12) must submit the agreement to DLIS-SBB. WebIn that situation, you should seek approval from the government to recognize the name change. See FAR 42.1205(a). You may want to engage help from a government contract …
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Web(b)A novation agreement is unnecessary when there is a change in the ownership of a contractor as a result of a stock purchase, with no legal change in the contracting party, and when that contracting party remains in control of the assets and is … WebJan 6, 2024 · the name of the original contracting party and a brief explanation of circumstances (novation or name change) in the Action Agenda Item. A copy of the novation agreement or name change agreement must be included as back-up. The contractor named in the Board item and the contractor named in ADPICS must be identical. chesapeake modular homes in maryland
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WebNov 30, 2024 · A novation agreement may be part of an original contract, or it may need to be signed at the time of the change. In the case of a name change, for example, a … WebFeb 14, 2024 · To begin the novation process, the contractor (transferor) must submit a request to the responsible contracting officer. If any of the contracts proposed for … WebNov 11, 2011 · A novation (request by contractor for a successor in interest) may or may not be recognized by the Government based on the facts and the best interest of the Government. ... In the old days of stubby pencils it could get accomplished but in current times an unusual change (at least one I have never heard of) might confuse the systems … chesapeake model