In a prior Alert, we provided a high-level overview of the Anti-Assignment Act, which requires federal pre-approval for the sale of federal government contracts, often through a “novation agreement” signed by the seller,...more
9/1/2015
/ Acquisitions ,
Assignments ,
Due Diligence ,
Federal Contractors ,
HUBZone ,
Letters of Intent ,
Mergers ,
Novation ,
Public Contracts ,
SBA ,
Small Business ,
Veterans ,
Women-Owned Businesses
When selling a business, the owner must balance deal certainty, tax consequences, speed, regulatory clearances, third party consents and liability allocation. ...more