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Get the novation package right

We help you assemble the package, reduce avoidable delays, and support continuity through a business transition.

Planning a transaction that affects your GSA contract?

Talk with us about the documentation, coordination, and contract updates your transaction may require.

Talk with an Expert

When a novation is typically required

A novation agreement is commonly needed when:

  • All contractor assets are transferred, or
  • The assets tied to performing the contract are transferred

When a novation may not be needed

Examples can include:

A stock purchase without a legal change in the contracting party

Situations where control of assets and performance remains with the same legal entity

Novation med

What we prepare

We help organize the signed agreements and supporting corporate and financial documents required for your transaction.

1. Scope

Identify what applies to your transaction.

2. Documentation

Assemble, organize, and present documents clearly.

3. Coordination

Coordinate submission and follow-up with the Contracting Officer.

4. Completion

Support completion of the agreement and related system updates.

Coordinate the contract transition

Keep related contract responsibilities in view.

Get support for your novation package

Tell us about the transaction and where you are in the process.

Talk with an Expert

 

FAQs