How will the supplier database be managed when a company name changes following a buyout or merger, or following a bankruptcy?

It is the responsibility of companies to amend the information contained in the database and to notify the administration of any changes that concern them (in particular concerning name changes). In any event, for contracts already underway, any name changes (following a buyout or a merger for instance) must be notified, failing which payments to the company could no longer be made. The administration should thus continue to be informed of such changes, as is currently the case.