Assignment of Claims
Started by KON05012006 · Aug 13, 2014 · 2 replies
- KOriginal post
KON05012006
Aug 13, 2014 · 11y ago
When using a modification to incorporate an assignment of claims, should the name of the Assignee appear in Block 8 of the Standard Form 30 (SF30) or the name of the original contractor?
- N
Navy_Contracting_4
Aug 13, 2014 · 11y ago
The "original contractor" is still the contractor, so that's what goes in Block 8, NAME AND ADDRESS OF CONTRACTOR. An assignee does not become a party to the contract in any way, and the assignment has no bearing on the contractor's obligation to perform/deliver.
Could you, by any chance, be thinking about incorporation of a novation agreement?
- K
KON05012006
Aug 13, 2014 · 11y ago
Yes, thanks.