Is your company in a situation, performing as a prime contractor on government contracts, but needing to sell the business? Or is there a material change in your business causing a transfer of assets to another business? In the commercial world of contracts and business operations, the assignment of contracts primarily operates under the Uniform Commercial Code (the “UCC”) and assignments occur frequently due to the ever-changing business landscape. However, this process does not exist in government contracting and novation may be the route for your organization. Assignment and novation of contracts have different consequences for the parties involved; however, for purposes of this article, we will specifically address novation within the context of contracting with the U.S. Government.