What if the Approved Vendor itself is sold to a new entity – is that permissible, and what requirements or conditions apply?

The sale of an Approved Vendor is permissible. A change in ownership of the Approved Vendor (e.g., the sale of the entire LLC to a new entity) with no change of the AV/project pairings would not have to adhere to an additional process of submitting documentation as in the case of a change in Approved Vendors. Rather, the Approved Vendor should provide an update to its Approved Vendor profile within the ABP Approved Vendor portal with its new ownership information.