Assignment of Claims Act

The US statutes (31 U.S.C. 3727 and 41 U.S.C. 6305) that let a contractor assign payments under a government contract to a bank or other financing institution, if the contract allows it and notice is given to the government.

See also: No-setoff commitment · Borrowing base

Read more

• Government contract receivables as collateral

All terms

Randeep Bubbra | Lawyer | Making defence financeable