99 -- Small Business Administration - Small Business Recertification required for Novation and Change of Name Agreements
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The Small Business Administration (SBA) implemented an amendment to its Small Business Size Regulations effective June 21, 2004, requiring federal agencies to obtain a new small business certification when a contract held by a small business is novated to another entity due to a merger or acquisition. This rule specifically applies to novation and change-of-name agreements executed under FAR 42.12 starting December 21, 2004. The SBA delayed the effective date to avoid disrupting novation agreements that were already underway before the rule's applicability, issuing a technical correction that was published on July 30, 2004. This contract, titled "Small Business Administration - Small Business Recertification required for Novation and Change of Name Agreements" with solicitation reference number "Reference-Number-novation," was posted on January 19, 2005. It pertains to the NAICS code 926110 and involves oversight by the SBA’s Office of Size Standards, specifically managed by Program Analyst Carl G Jordan. The amendment ensures that ongoing contract novations comply with updated size certification rules to maintain proper classification of small business status following ownership changes, supporting regulatory compliance across federal contracting activities.
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