---
title: GSA Contract Novation
description: GSA Contract novations are required when a firm's assets are sold to a third party.
---

[![Turbo GSA Logo](https://www.turbogsa.com/hs-fs/file-14156912-png/images/logo.png "Turbo GSA Logo")](https://www.turbogsa.com/)

866-291-5238

# GSA Contract Novation

A GSA contract novation agreement is required when a firm or its key assets are sold to a third party. This is because a government contract cannot be assigned or transferred to another party without the government's permission.

## When is a Novation Agreement Required?

Once assets have changed, a novation agreement must be negotiated with your contract officer. In addition to compliance issues, contract modifications cannot be approved until the novation is completed. A lack of agreement could also affect future payments on current GSA task orders.

An agreement is required when

## When is a Novation Agreement Not needed?

A novation agreement is not needed if:

## Required Documentation for GSA Novation

Under FAR 42.1204, a typical novation package includes:

- Three signed originals of the novation agreement
- Asset transfer documents such as a bill of sale or merger certificate
- Board resolutions and stockholder meeting minutes authorizing the transfer
- Attorney opinion letters confirming the transaction’s legality and effective date
- Balance sheets for both companies before and after the transfer
- A list of affected contracts with contract numbers, values, and contracting offices
- Updated price lists and certifications, including Commercial Sales Practices and subcontracting plan if applicable.

## How TurboGSA Helps with GSA Novation

TurboGSA assists contractors and their attorneys in preparing and submitting a complete GSA novation package that satisfies all FAR 42.1204 requirements.  
We ensure the transferee is recognized as a responsible contractor under FAR 9.1, manage communications with GSA, and handle post-novation updates such as:

- Modifying price lists
- Updating GSA Advantage and eLibrary listings
- Ensuring a seamless transition to maintain contract eligibility and payment continuity

For expert help completing your GSA novation agreement, contact TurboGSA today.

[![Call Us TodayNationwide ServiceYou can r](https://d1n2i0nchws850.cloudfront.net/portals/46415/c234a694-74c2-4825-88da-33f47cf61128-1343215409216/call-us-today.png?v=1343215409.49)](https://cta-service-cms2.hubspot.com/cs/c/?&cta_guid=c234a694-74c2-4825-88da-33f47cf61128&placement_guid=1ce1a7e6-bedd-44ef-922b-d739ae7c1e27&portal_id=46415&redirect_url=ZTBAd74YAY57%2BclwsHaycXdfabD2KG2BB9IT84F/H5IVsGPx0cto6w%3D%3D&iv=ejLM7aL1S6Y%3D)

### Contract Management Services

### Follow TurboGSA

<https://www.turbogsa.com/CMS/UI/Modules/BizBlogger/rss.aspx?moduleid=299498><http://www.linkedin.com/in/robertkellyturbogsa><https://twitter.com/TurboGSA><https://plus.google.com/106005429518798633662>

### Services

[GSA Schedule Preparation](https://www.turbogsa.com/gsa-overview/) [GSA Contact Modification](https://www.turbogsa.com/gsa-schedule-management/) [Federal Marketing](https://www.turbogsa.com/gsa-schedule-marketing/) [GSA Training](https://www.turbogsa.com/gsa-schedule-workshops-gsa-schedule-training/)

### Learn about

[What is a GSA Schedule](https://www.turbogsa.com/resources/what-is-a-gsa-schedule-contract/) [Why do I need a GSA Contact](https://www.turbogsa.com/resources/why-do-i-need-a-gsa-schedule-contract/) [Get on the GSA Schedule](https://www.turbogsa.com/getting-on-gsa-schedule/) [Qualify for a GSA Schedule](https://www.turbogsa.com/qualifying-for-a-gsa-schedule/) [GSA Audit](https://www.turbogsa.com/gsa-schedule-workshops-gsa-schedule-training/gsa-audit)

### More GSA Info

[GSA Schedule FAQ](https://www.turbogsa.com/resources/gsa-faq/) [GSA Schedule Sales](https://www.turbogsa.com/resources/gsa-schedules-sales/) [Federal Marketing Articles](https://www.turbogsa.com/blog/)

[Obtain GSA](https://www.turbogsa.com/gsa-overview/) | [Manage GSA](https://www.turbogsa.com/gsa-schedule-management/) | [Government Sales](https://www.turbogsa.com/b2g-marketing/) | [Learn More](https://www.turbogsa.com/government-contracting/) | [About Us](https://www.turbogsa.com/about-turbo-gsa/) | [Contact US](https://www.turbogsa.com/contact-us/)   
 © 2013 Training Dimensions, Inc.