Whether you’ve let your System for Award Management (SAM) registration expire or you are getting close to your expiration date, completing your SAM registration renewal is a crucial task you need to take if you plan on bidding on any government contracting jobs.
Why Complete SAM Registration Renewal?
Government agencies cannot do business with any company or individual with an expired SAM registration, and they often won’t even consider awarding a contract to anyone with a fast-approaching expiration date. This is because if a contract awardee’s SAM registration expires in the middle of the government contracting job, the agency can no longer use your services and then the agency is left in a lurch.
It is recommended that you complete SAM registration renewal several months prior to your expiration date. Usually, it doesn’t take more than a week to gain approval for your SAM approval, but if the Federal Service Desk is backed up (as they were during the early months of the pandemic), it can take longer for them to process both initial SAM registration application and SAM renewals. It’s better to avoid the risk of a long approval process and just renew your SAM account well in advance of the expiration date.
Additionally, if you want to work on state government contracts, most state procurement agents will want your (Commercial and Government Entity) CAGE Code, which is your identifier within the System for Award Management. If they find that your SAM registration has expired, you likely will not be considered for any state-level government contract jobs. While federal contractor jobs can be lucrative, we always encourage client to bid on state-level contracting jobs as these can sometimes be easier to acquire and can be just as lucrative.
Even if you have not yet earned your first government contract, we encourage you to complete your SAM renewal. On average, most contractors find that it takes more than a year and sometimes two years to earn their first government contract. It takes some patience and fortitude, but once you start earning contracts, this can transform your business.
Government contracting can be an excellent recession-proof way to boost your business. Even if the economy is struggling, the government will still need goods and services, and they will look to the private sector to fill those needs. Government agencies also always pay their bills, even in uncertain economic times, which gives the government an advantage over other clients, that might declare bankruptcy and leave you in the cold without payment for your services.
Federal Contractor Registry Can Help
While SAM registration renewal is not as complicated as the initial SAM registration process, it still can be confusing and time-consuming. At Federal Contractor Registry, we handle hundreds of SAM registrations and SAM renewals every year and we can complete your renewal process quickly and accurately so that you don’t have to worry about losing your active status.
Even if you have an expired listing, we can update the listing for you and complete your SAM registration renewal. We do charge a fee for renewal, and the government will not charge you a fee. But, if you want to avoid the hassle of renewal, hiring a SAM expert can be a good idea and we handle renewals for any size of business.
As an added value, we also can help you sign up with several Small Business Administration programs, including 8a certification, the Woman-Owned Small Business (WOSB) program, the HUBZone program, the Service-Disabled Veteran-Owned Small Business and others. We do not charge to help customers with this process, it’s simply an extension of our SAM registration and SAM renewal services.
What About The Unique Entity Identifier Update?
When government procurement agents, prime contractors or others wish to look up your business in the System for Award Management, they typically use your CAGE Code if they have it or your (Data Universal Numbering System) DUNS number if they don’t have your CAGE Code. However, DUNS has been fazed out and now the government uses what is called the Unique Entity Identifier.
The good news is that if you have either an active SAM registration or even an expired and inactive SAM registration, the government already has updated this for you and assigned you a number. If you hire us for SAM registration renewal, we will make a note of this identifier and pass it on to you or you can ask your Entity Administrator (the person authorized to make changes to your SAM account) and have them look up the new identifier.
If you have never completed SAM registration before, the process of attaining your Unique Entity Identifier is a bit more complicated, but we can help you with this process along with completing your initial SAM registration. Keep in mind that you do not need to complete SAM registration in order to get a Unique Entity Identifier. So, if you simply want to update your DUNS information, you can go to GSA.gov and follow the steps to apply for the new Unique Entity ID.
Get Renewed Today!
If you would like the team at Federal Contractor Registration to handle your SAM registration renewal process, just head to our homepage and click on the Renew Registration tab and fill out our quick contact form and a renewal specialist will be in touch as quickly as possible to gather your information and get started on your SAM renewal.