076 What is a Novation?

Published: April 24, 2016, 4 a.m.

b'If you work in the Government acquisition world, this podcast is for you. (not just for Contracting Officers!)\\nWhat is a novation? How is it different than a name change? How do you know which one applies?\\nKevin and Paul discuss novations and change-of-name agreements and the procedures outlined in FAR 42.12. Learn how and when novations happen and why it is important to recognize that both assets and liabilities are transferred to the successor company. Remember that novations aren\\u2019t always required just because a company acquires another. \\n\\u2014\\u2014\\u2014\\u2014 \\nIf you need help with the Government market, join the Skyway Connection Community and get access to one-on-one insights, time-saving tools, and contract-centric training resources that will make sure you\\u2019re ready to take advantage of opportunities each time they knock.\\nThe Skyway Connection\\xa9 Community was created specifically to help small companies expand their knowledge and capabilities, and to increase their competitive position in federal government acquisitions. - Learn more at: https://skywayacquisition.com/connect\\nMembership benefits include: \\nAccess to Skyway Insight\\xa9 Webinars \\nUnlimited access to The RFP Score\\u2122 \\nAccess to Ask a Contracting Officer Forum\\u2122 \\nPriority Access to Skyway Team for Skyway Insight, capture, proposal support \\n__________\\nKevin Jans and Paul Schauer created the Contracting Officer Podcast to help Government and Industry acquisition professionals understand more about how the other side thinks. Admittedly, the podcast\\u2019s name sounds very limiting. It is not just for contracting officers or even just for those in the contracting profession. Anyone with an interest in the Federal acquisition world can benefit from the insight and down-to-earth explanations of complicated topics provided by the hosts.'