Federal Contractors Required to Complete SCR Requirement

ST. PETERSBURG, FL--(Marketwired - January 05, 2016) - Federal contractors must report their service contracts, known as SCRs, through the System for Award Management. By law, executive agencies must prepare an annual inventory of their SCRs, in accordance with Section 743(a) of Division C of the Consolidated Appropriations Act, 2010 (Pub. L. 111-117).

Contractors subject to the SCR requirement must provide the following information:

• Total Amount Invoiced (Total dollar amount invoiced for services performed during the previous Government fiscal year under the contract, including the prime and any subcontract amount).
• Number of Contractor Hours (Contractor direct labor hours expended on the services performed during the previous Government fiscal year).
• DUNS Number
• Subcontract Number
• Number of Subcontract Hours

SCRs are required for all service contracts that contain FAR clauses 52.204-14 or 52.204-15. As described in FAR Subpart 4.17, SCRs are required for these thresholds:

• Cost-reimbursement, time-and-materials, labor-hour service contracts and/or orders with a "Base and All Options Value" at or above the simplified acquisition threshold of $150,000, and
• FY15 fixed price service contracts with a "Base and All Options Value" of $2.5 million or greater.

If, after logging in, a user doesn't see the "Service Contract Report" option, then the Federal Procurement Data System (FPDS) did not identify any contracts or actions subject to the SCR requirement for FY15.

One benefit of working with US Federal Contractor Registration is its year-round support. Federal contractors enrolled in its full-support plan(s) don't need to worry about completing the SCR requirement, because a USFCR Case Manager does it for them.

If you're a federal contractor and are interested in year-round support, or for help completing this SCR requirement, contact US Federal Contractor Registration today. Someone can help you complete the SCR requirement, verify that your registration is current and complete, and review your bid strategies.

About US Federal Contractor Registration

US Federal Contractor Registration is the world's largest third-party government registration firm. It completes a company's initial System for Award Management (SAM) Registration, SAM Registration renewals, offers bid training, and completes registrations for businesses that qualify for specific set-asides, including 8(a), small business, HUBZone, veteran-owned, and women-owned.