How to Register With SAM?
SAM registration requires a lot of time and effort to complete. It’s also a requirement for businesses seeking to pursue contracts with any civilian or military agency. It’s best to hire a third-party service to handle this task.
A SAM registration is necessary for any entity wanting to contract with the federal government. In addition to establishing your business as a legitimate company, it also helps streamline federal contracting activities by demonstrating your commitment to the government. A SAM registration profile contains essential information that procurement agents refer to when evaluating businesses for potential work. These include the size and location of your company, information on key personnel, and your past performance history. It is important to periodically review your SAM profile for any changes in these areas so that you can update your information accordingly.
Once you have completed SAM registration, the government assigns your company a Commercial and Government Entities Code (CAGE). This is your unique identifier in the system. Your CAGE Code is also used to validate your company in government systems. This allows the government to verify that you are an active business and can bid on new contracts or receive contract awards. Your SAM registration will be valid for one year. If you do not renew it, you will be ineligible to participate in any government contracts or grants.
The System for Award Management (SAM) is experiencing significant delays in processing private entity registrations, updates, and annual renewals. CDC award recipients should start the process as soon as possible to avoid any delay. If you encounter a problem, contact your local PTAC counselor or CDC’s Grants Management Specialist for assistance.
SAM Registration Requirements
While it is possible to complete SAM registration independently, most companies hire a third-party service to handle the process. These services often have a better understanding of the complex rules and regulations that govern federal procurement. In addition, they can help you navigate the process faster. When hiring a service, make sure to ask what the fee is and how long it will take to register.
You’ll need to provide your company’s DUNS number, tax information, and other required documents to register with SAM. You must also have a bank account and routing number to enable Electronic Funds Transfer. In addition, you must have a valid EIN or Employer Identification Number to use the service. You can get this from your accounting department or from a tax consultant. You’ll also need to have an EBiz POC, or E-Business Point of Contact, to manage the SAM account.
Besides an EIN number, you’ll need to have your NAICS codes ready. These codes define the types of businesses based on their primary activities. These codes are the basis for size standards and other criteria. It’s best to have these codes before starting the SAM registration process.
Hire a third party to handle the SAM registration process for you to save time. A professional SAM specialist can ensure that the information is accurate and up to date. They can also provide a D-U-N-S number, which is a unique identification number for businesses. In addition, they can handle the SAM renewal process every 12 months.