← All Free ToolsGo back to previous tools page
Explore More Tools →
section8.716

Change-of-name and successor in interest procedures

Overview

This section prescribes the mandatory administrative procedures for updating government contracts when an AbilityOne participating nonprofit agency undergoes a formal name change or a successor-in-interest (novation) transition recognized by the Committee.

Key Rules

  • Triggering Event: The process begins only after the Committee recognizes the change and issues a formal notice to the cognizant contracting officers.
  • Mandatory Modification: Upon receiving notice, the contracting officer must execute a contract modification using Standard Form (SF) 30.
  • Documentation Requirements: The SF 30 must include a summary of the Committee's notice and a comprehensive list of all affected contracts.
  • Distribution: The contracting officer is responsible for distributing the signed SF 30, specifically ensuring a copy is provided back to the Committee.

Practical Implications

  • Administrative Efficiency: The regulation streamlines the novation process by allowing the Committee to vet the legal change-of-name or successor status, which the contracting officer then implements through a standardized modification.
  • Contractual Continuity: It ensures that payment systems and legal obligations remain aligned with the correct entity, preventing disruptions in service or supply delivery from the Procurement List.

Need help?

Get FAR guidance, audit prep support, and proposal insights from the AudCor team.

Talk to an expert