The newly integrated procurement database of System for Award Management has been given a final ruling by the federal government of its Phase 1 Implementation. The Department of Defense (DoD), National Aeronautics and Space Administration (NASA) and the General Services Administration (GSA) made a final ruling this past week amending the Federal Acquisition Regulation (FAR).
The amendment was regarding Phase 1 of SAM by finalizing updates to references and making minor changes to new designations of the database. The ‘Final Rule’ concludes closing changes to the merger of the Central Contractor Registration (CCR), Online Representations and Certification Application (ORCA), and Excluded Parties List System (EPLS) databases into System for Award Management (SAM).
The Federal Government has issued by law that 23% of all prime contracting dollars are to be awarded to registered small business government contractors. According to USAspending.gov, in 2012 there was over $500 billion worth of government contracts awarded to businesses. The federal marketplace for government contracting has an enormous amount of opportunity for registered small businesses.
The official statement from the Office of the Federal Register announced the “GSA began implementation of Phase 1 of SAM on July 29, 2012. Phase 1 combined the functional capabilities of the CCR, ORCA, and EPLS applications into the SAM database. Upon implementation, the pre-existing applications were retired, and all requirements for entity registration, representations and certifications, and exclusions are now accomplished via SAM. This final rule amends the FAR by updating references and names to conform to the SAM designation. This final rule also makes a number of minor additional conforming changes, such as updates to definitions.”