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Novation or Name Change
Section 3103 of the PPB OP SCR Rules and Regulations
Agency: ___
Original Contractor: ___
Contract Number of Original Contract: ___
Period of performance approved by PPB*:
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Obtain the necessary form for novation and change-of-name.
02
Fill out the form with the current details and the desired changes.
03
Provide any supporting documents required for the changes, such as proof of name change or authorization.
04
Submit the completed form and supporting documents to the relevant authority or organization.
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Who needs novation - and change-of-name?
01
Individuals or businesses who have changed their name and need to update their records.
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Companies undergoing a merger or acquisition that require changes to contractual agreements.
03
Any party involved in a contract or agreement that needs to transfer rights and obligations to another party.
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What is novation - and change-of-name?
Novation is the act of replacing one of the parties in an agreement between two parties, while change-of-name refers to the formal process of changing a legal entity's name.
Who is required to file novation - and change-of-name?
Any legal entity that undergoes a name change or requires the substitution of a party in a contract must file for novation and change-of-name.
How to fill out novation - and change-of-name?
To fill out novation and change-of-name, one must complete the required forms, providing details of the original parties, the new party, and the reasons for the change, as well as any necessary supporting documentation.
What is the purpose of novation - and change-of-name?
The purpose of novation and change-of-name is to ensure that contractual relationships are updated and legally recognized in light of changes in parties or business identity.
What information must be reported on novation - and change-of-name?
The information that must be reported includes the names of the original and new parties, the contract details, the reason for the change, and any additional required documentation.
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