Thursday, May 8, 2014

Are you registered in SAM (System for Award Management)?

SAM, or System for Award Management, is the combined U.S. Government system of CCR/FedReg, ORCA, and EPLS. SAM is completely free of charge for registrants and users. Current and potential government vendors are required to register in SAM if they wish to have a contract with the government. If your organization is applying for the GSA must be fully registered in SAM in order to be awarded
The registration can take anywhere from 15 minutes to one hour, depending on if the information requested is readily available. A vendor must provide basic information relevant to procurement and financial transactions. A SAM registration is good for one year and must be updated annually.
Before registering for SAM a company must have the following:
·         DUNS or D-U-N-S Number
o    Data Universal Numbering System
o    A proprietary system developed and regulated by Dun & Bradstreet (D&B) that assigns a unique numeric identifier to a single business entity
·         TIN
o    Taxpayer Identification Number and then name associated with that TIN
·         CAGE CODE
o    Commercial and Government Entity code is a five-character ID number that is used extensively within the federal government.
o    If the organization is migrating over from any old systems (CCR, ORCA, etc.) than it will already have this code. If not the organization will be assigned one once you are fully registered in SAM
·         EFT Information
o    Electronic Funds Transfer information such as the ABA Routing Number and bank account number
SAM also allows Government agencies and contractors to search for your organizations based on your ability, size, location, experience, and more. Since SAM incorporated the ORCA system agencies and other companies can see if a firm meets certain Federal requirements (ex: complies with equal opportunity legislation).

Government Contract Services specializes in SAM registrations and updates. Please look for the Government Contract Services SAM eBook which will contain helpful step by step instructions on how to efficiently and successfully register your company in SAM. 

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