If you already have completed your initial SAM registration process, it is important to note that every year you must complete SAM renewal. The team at Federal Contractor Registry can complete this process for you, but before you renew, take a look at the following important tips.
1. Renew Early
As one might expect with the federal government, renewing your SAM registration is not just a simple process of clicking a button and automatically renewing registration. Your updated registration will not be processed the day you complete the renewal application. In fact, it can take up to two weeks for the renewal to show up as processed, so you definitely don’t want to wait until the last minute to complete SAM renewal.
2. Consider Renewing 70+ Days Early
Why would you want to complete SAM renewal more than two months before it is set to expire? Government agencies are far less likely to select your company for a project if they can see that your SAM registration is about to expire. After all, what if you are chosen as a contractor but forget to handle SAM renewal? The government agency will no longer be able to use your services because you don’t have current SAM registration, and this can cost you a lucrative deal.
SAM.gov actually creates a list of 60 Day Expired Federal Contractors and sends it out, and you definitely do not want to end up on that list. We highly recommend that you begin SAM renewal about a month prior to this 60-day mark, as this ensures that your renewal will be complete before you drop below the mark. Many companies will begin the SAM renewal process about 90 days prior to the renewal date.
As a side note, if any of your information changes, especially contact information or your physical address, you need to update that as soon as possible. This information needs to be updated immediately after the address change or contact information change occurs, so that government agencies have your most up-to-date information. Additionally, if the contact person for SAM renewal changes, be sure to update the email address for the new contact person so that you receive your renewal reminder emails from SAM. Be sure to update Dun & Bradstreet (the source of your DUNS number) to update your business address and contact information, as well.
3. The SAM Renewal Process Takes Time
In order to complete SAM renewal, you will need to verify all of the data that initially was provided during your first SAM registration. In many cases, you will need to update various sections of the application, and all of this can take many hours. This is why we recommend that you use our third-party SAM renewal services. We can save you time, and quickly can complete the renewal process, ensuring that you don’t drop below the 60-day mark.
To get started with your SAM renewal, you can call us at any time or go to our home page and select the tab that states, “Renew Registration.” You also can complete a status check of your SAM account via our website. One of our team members quickly will research your status and email you with the results.