Renewing your System for Award Management (SAM) registration is possibly one of the most important details in government contracting. Making sure a procurement officer is viewing your up-to-date registration can be a key factor when these federal buyers are searching for businesses to fill their bid requirements. Showcasing that you have years of experience is always a key factor whether being small business threshold contracts to strategic sourcing contracts. The federal government will take a contractor that has more experience with a fair bid than new contractor with a low bid any day. The government will pay top dollar for quality working in an effort that the project will get done right. Businesses that wish to renew their SAM registration with a professional can use the SAM.gov Online Registration form to confirm their account.
According to the Federal Government of the United States of America, your business must renew and revalidate your entity’s registration at least every 12 months from the date you last certified and submitted the registration in SAM and even sooner, if your entity’s information changes. The primary point of contact email address will receive a message alerting them to the entity’s/entities’ renewal requirements at 60 days, 30 days and 15 days prior to expiration: if you do not renew your registration, it will expire. If you have used a third party registration firm to conduct your SAM registration contact them to find out when your registration will expire. An expired registration will affect your ability to receive contract awards or payments, submit assistance award applications via Grants.gov, or receive certain payments from some federal government agencies.
Many businesses lose track of their registration and only get notified if they are ineligible. This is the government telling you that your registration is not compliant with mandatory federal regulations. That is why thousands of businesses have been hiring third party registration firms like US Federal Contractor Registration to conduct their System for Award Management registration renewal. It is encouraged that businesses assess their government registration semi-annually over the course of a year. Businesses can hire Case Managers to renew their System for Award Management and incorporate new details to their account.
US Federal Contractor Registration will even set your account to an automatic renewal status. This is done so businesses do not forget to renew their account each year in System for Award Management (SAM) and are always federally compliant.