HELP! Selling Assets Used In Government Contracting

[AmberAmores]

I need some help. The company I work for is considering exiting the government line of business and selling all assets used to administer government contracts and related items to another company. All government business is task orders under an expired GSA contract (allows ordering through quoted POPs). I understand that a novation agreement can be sent to the GSA contracting officer (I don't know how that works since the contract is expired) after the sales takes place, but logistically for all of these task orders/POs does the current company stop performing and the new company starts performing? Do we notify each task order contracting officer of the change? I would assume a MOD would need to take place to recognize the successor company (with data from SAM) to make sure payments go to the correct company? Any insight you can provide on how I should navigate this would be helpful. 

[C Culham]

50 minutes ago, AmberAmores said:

I need some help.

Have you visited here - https://gsaschedule.com/reporting-compliance/novation-change-of-name/