SOURCE: US Federal Contractor Registration

US FEDERAL CONTRACTOR REGISTRATION

May 26, 2015 03:00 ET

US Federal Contractor Registration: The Value of the SAM Registration to New Businesses in 2015

WASHINGTON, DC--(Marketwired - May 26, 2015) - System for Award Management (SAM) is the required federal database that every business must be registered in to conduct business with the United States Federal Government. The SAM registration replaced the Central Contractor Registration (CCR) and Online Representations and Certifications (ORCA) database in July 2012. The General Services Administration (GSA) created SAM in an effort to streamline the registration process and consolidate multiple federal websites into one sole source. However, even with the new streamlined process businesses still find the entire government contracting process a bit overwhelming.

Businesses must properly register in SAM in order to be an active government contractor. The Georgia Tech Procurement Office (GTPAC) "estimates that at least 20% of the 600,000 firms presently registered in the SAM Registration have errors. These errors range from misspelled words to empty data field, to incomplete entries, to selection of incorrect procurement codes, and other flaws. As a result, these vendors miss out on government contract opportunities either because they are screened out for not exhibiting attention-to-detail or because of incomplete information that cannot be identified by government buyers." Every contractor looking to work with the United States Federal Government must be properly registered in order to avoid all of these possible pitfalls. Businesses can use third party registration US Federal Contractor Registration and have an experienced Case Manager handle all of the required federal paperwork.

Please keep in mind that the SAM registration is just a database. Procurement officers and government buyers do not use SAM to find active contractors. Government buyers use federal websites like Dynamic Small Business Search (DSBS) to locate active small business government contractors. In fact, The Federal Government must spend 23% of their contract budget every year on small business government contractors that qualify for any of the listed federal set-asides below:

- 23 percent of prime contracts for small businesses;
- 5 percent of prime and subcontracts for women-owned small businesses;
- 5 percent of prime contracts and subcontracts for Small Disadvantaged Businesses;
- 3 percent of prime contracts and subcontracts for HUBZone small businesses;
- 3 percent of prime and subcontracts for service-disabled veteran-owned small businesses;
- remaining percent (%) on Total Small Businesses.

That is why over 65,000 businesses have decided to use the professional services of US Federal Contractor Registration to handle the required SAM registration and assist their business with government marketing. Contractors looking to enter the federal marketplace, become registered in SAM and begin marketing to government buyers can call 877-252-2700 Ext 1 or visit https://www.uscontractorregistration.com.

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