Planning to become a government contractor? But before that are you registered as a Federal Contractor? If not, here’s a handy SAM registration guide that will take you through every step of SAM registration with ease.
SAM stands for System for Award Management, which is basically a central database for all government contractors. It is a collective database of Online Representations and Certification Application (ORCA) and the Central Contractor Registration (CCR).
Read on to know what it takes to be a registered Federal Contractor
1. Get Your Business Information
This is an important part of SAM registration guide and it’s important that you get the basic information right when you go for this. For that you’ll need company tax ID number, which should be ideally mentioned on tax forms. Apart from that you will also need routing and account number of your business bank account, NAICS code (specific for the product or service you are offering) and DUNS number.
2. Arrange your Notarized Letter
When it comes to SAM registration guide, don’t forget about the notarization letter. Because of the suspected fraud in these things, notarization letter is declared mandatory by the government. According to the new rules laid by GSA, every firm looking to register as federal contractor should have a notarized letter and must send in to the designating an Entity Administrator in order to register as SAM.
3. Sign Up With SBA
If you are a small business, register yourself with SBA. Without your registered entity it is not possible to get into federal marketplace. Using this registered identity you will be able to make your small business thrive and grow and use federal resources like anything. As per the SAM registration guide, it’s important to get your identity as a registered small business before you sign up for SAM registration.
4. Get Your Set-Aside Codes
For SAM registration, you also need to submit your set-aside codes. While getting your small business qualification status from the SBA, you already get a special code for your business. It is known as a set-aside code. The purpose is that a portion of the federal government’s contracting budget is “set aside” specifically for small businesses. And having that specific code helps in getting SAM registration
5. Sign Up With Your PTAC
While getting your SAM registration, it’s important to get professional assistance from Procurement Technical Assistance Centre (PTAC). There are lots of concerns involved in the process and your PTAC can help you get through the muddle.
In addition to this, you will also need to submit a capability statement, as per the SAM registration guide to get yourself registered in SAM.
Read Also: How do I Renew my SAM Registration 2020?
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