Anti-Assignment Act
From Knowledge base
Background
The Anti-Assignment Act refers to two statutory provisions:
- The Assignment of Contracts Act, and
- The Assignment of Claims Act.
The Assignment of Contracts Act
- Prohibits assignment of Government Contracts
The party to whom the US Government gives a contract may not transfer the contract, or any other interest in the contract to another party. The only exception is the assignment of amounts due (receivables) to a financing institution.
The Assignment of Claims Act
- Prohibits assignment of claims against the United States
