What is SAM or System for Award Management?
The System for award management was designed to streamline the process of both obtaining and procuring federal contracts by integrating the Catalog of Federal Domestic Assistance and all federal procurement systems into one.
This process is being split up into four phases with phase one including all functions from the following systems:
- (CCR) Central Contractor Registration
- (FedReg) Federal Agency Registration
- (ORCA) Online Representations and Certifications Application
- (EPLS) Excluded Parties List System
What benefits are associated with being registered in SAM?
- One system equals one user login and reduces the risk of not being properly registered in all required systems.
- Virtually eliminates the requirement to enter the same information multiple times.
- Eliminates multiple expiration dates reducing the possibility of missing a contract for improper registration.
How can you be sure SAM is being handled properly?
Changes in government contract requirements often cause confusion and frustration amongst most user's including the government, although it is the responsibility of the agency or contractor to keep their information current. Errors in data can lead to missing a contract and protest from other entities that result in loss of a contract. The government is highly recommending users to analyze their registration to prevent potential problems and delays for both the contractor and agency.
The fastest and most efficient way to complete this transition is by obtaining a federal contracting consultant. Consultants are experts in government requirements and regulations and will walk you through the federal maze making sure that not only are you 100% compliant but that you also are successful in this venture.
Federal Business Opportunities commonly referred to as Fed Biz Ops or FBO is a web-based portal which allows vendors to review Federal Procurement Opportunities over $25,000.
The Purpose behind FBO:Federal Contract Opportunities, Data Research, Subcontract Opportunities, Trends, Small Business Set Aside Opportunities, and more.
Who should register in FBO?
- Any business properly registered in SAM (formerly known as CCR) that would like to search or receive federal procurement opportunities typically valued over $25,000.
What is required to register in FBO?
- Interested vendors should complete a standard business profile that includes, DUNS, CAGE, and MPIN numbers before attempting to register with FBO.
Who can access FBO?
- FBO is publicly accessible via internet
- Registered users can create searches in FBO to send bid notifications to their emails.
- Registered government users can use FBO to search interested vendors
Benefits of using FBO:
- Primary source of identifying Federal Opportunities (non-classified)
- Search FBO for business entities for teaming opportunities
- Search for small, medium and large opportunities