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The XLP Government Contracts team successfully guided a client through the process of Novating a Federal Government contract from a predecessor entity to a new entity. Federal Government contracts cannot be “sold” but they can be assigned to a new entity through the Novation process as part of an asset sale transaction. Clients express uneasiness
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In recent years cybersecurity has become an important concern for the Government, and that has resulted in changes to the Federal Acquisition Regulation (FAR) and the Defense Federal Acquisition Regulation Supplement (DFARS). There is a big change on the horizon that all defense contractors should be aware of—the Department of Defense (DoD) is launching a Cybersecurity Maturity Model Certification (CMMC) program. Because
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