FAR and DFARS › FAR Part 42: Contract Administration and Audit Services › Subpart 42.12
FAR 42.1200 Scope of subpart.
The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.
In plain English
This subpart sets out the policies and procedures for recognizing a successor in interest when a contractor's assets are transferred, recognizing a contractor's name change, and having the responsible contracting officer execute novation and change-of-name agreements. It matters to contractors because it tells them how these ownership and name changes are formally handled in Government contracts.
Applies to: Government contractors involved in asset transfers or name changes
Key terms: successor in interest · novation agreements · change-of-name agreements · responsible contracting officer
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
This subpart prescribes policies and procedures for—
(a) Recognition of a successor in interest to Government contracts when contractor assets are transferred;
(b) Recognition of a change in a contractor's name; and
(c) Execution of novation agreements and change-of-name agreements by the responsible contracting officer.
← 42.1107 Contract clause. · 42.1201 [Reserved] →
Rule changes for FAR Part 42
- Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds ↗ · final rule 2025-08-27 · effective 2025-10-01
- Federal Acquisition Regulation: Preventing Organizational Conflicts of Interest in Federal Acquisition ↗ · proposed 2025-01-15 · comments due 2025-03-17
- Federal Acquisition Regulation: Controlled Unclassified Information ↗ · proposed 2025-01-15 · comments due 2025-03-17
- Federal Acquisition Regulation: Subcontracting to Puerto Rican and Covered Territory Small Businesses ↗ · final rule 2025-01-03 · effective 2025-01-17
- Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds ↗ · proposed 2024-11-29 · comments due 2025-01-28
- Federal Acquisition Regulation: Subcontracting to Puerto Rican and Covered Territory Small Businesses ↗ · proposed 2024-06-07 · comments due 2024-08-06
- Federal Acquisition Regulation: Sustainable Procurement ↗ · final rule 2024-04-22 · effective 2024-05-22
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.