Responsibility for executing agreements.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Responsibility for executing agreements. 42.1202 Section 42.1202 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION CONTRACT MANAGEMENT CONTRACT ADMINISTRATION AND AUDIT SERVICES Novation and Change-of-Name Agreements 42.1202 Responsibility for executing agreements. The contracting officer responsible for processing and executing novation and change-of-name agreements shall be determined as follows: (a) If any of the affected contracts held by the transferor have been assigned to an administrative contracting officer (ACO) (see 2.1 and 42.202), the responsible contracting officer shall be— (1) This ACO; or (2) The ACO responsible for the corporate office, if affected contracts are in more than one plant or division of the transferor. (b) If none of the affected contracts held by the transferor have been assigned to an ACO, the contracting officer responsible for the largest unsettled (unbilled plus billed but unpaid) dollar balance of contracts shall be the responsible contracting officer. (c) If several transferors are involved, the responsible contracting officer shall be— (1) The ACO administering the largest unsettled dollar balance; or (2) The contracting officer (or ACO) designated by the agency having the largest unsettled dollar balance, if none of the affected contracts have been assigned to an ACO.