Novation Agreement (FAR 42.12) transfers a contractor's rights and obligations under a contract to a successor (typically due to merger, acquisition, or sale). Requires CO approval and a formal novation agreement.
is a process concept federal contractors and grant writers run into across solicitations, regulations, and award filings
NOVATION is a step or workflow in the federal-procurement lifecycle. Knowing where NOVATION fits in the larger acquisition arc — from market research through award through performance — helps contractors time their engagement, identify the right contracting officials, and avoid showing up too late to influence the requirement. Many proposal failures trace back to misunderstanding when NOVATION occurs, who owns it, and what artifacts it produces. The related terms above name the adjacent process steps that most commonly precede or follow NOVATION, and tracking those transitions over time is one of the more reliable ways to build pipeline visibility ahead of formal solicitations.
Search active federal contracts and solicitations related to NOVATION on Bureauify.
100M+ government records · 110+ gov/news sources · Synced from live federal sources