Administracja i zamówienia · 09/01/1998

Federal Acquisition Regulation; Novation and Related Agreements

The U.S. government has issued a new policy update to the Federal Acquisition Regulation (FAR) regarding novation and related agreements, aiming to improve the efficiency and transparency of procurement processes. The FAR provides guidance on the use of novation agreements, which allow for the transfer of contractual obligations from one party to another.