The Federal Contractor’s Guide to Novation: What you need to know

When businesses involved in federal contracting face organizational changes such as mergers, acquisitions, or restructuring, a critical question arises: “Does my contract need to be novated?” Understanding the ins and outs of contract novation is essential for ensuring these transitions do not disrupt the fulfillment of federal contracts.

This comprehensive guide delves deeper into what contract novation entails, its legal framework, when it’s necessary, and best practices for a smooth novation process.