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...Acquisition guide chapter august novation agreements guiding principles is a legal concept that aims to achieve process of substitution it transaction by which with the consent all parties concerned new contract substituted for one already exists effect discharge original between two continuing party and outgoing substitute incoming summary latest changes this update implements government policy pursuant references listed within establishes policies assigns responsibilities provides procedures change name business recombination restructuring discussion guidance on agreement processes required documentation if consistent s interest doe follow below described in inherent consideration considerations should be made related include federal law prohibits transfer contracts third discussed paragraph nevertheless under certain circumstances far identifies three situations may through execution formal end contractor obligations will depend upon form merger selected while many factors obviously...