Orlando, FL (PRWEB) June 26, 2013
The newly integrated procurement database of Program for Award Management has been provided a final ruling by the federal government of its Phase 1 Implementation. The Division of Defense (DoD), National Aeronautics and Space Administration (NASA) and the General Solutions Administration (GSA) produced a final ruling this previous week amending the Federal Acquisition Regulation (FAR). The amendment was relating to Phase 1 of SAM by finalizing updates to references and generating minor modifications to new designations of the database. The Final Rule concludes closing adjustments to the merger of CCR, ORCA, and EPLS databases into System for Award Management (SAM).

Because Phase 1 of SAM has started, US Federal Contractor Registration (USFCR) has migrated previously registered contractors from CCR to SAM to make positive their company continues to qualify for government contracts and federal set-asides. USFCR is the worlds biggest third party registration firm that continues to migrate thousands of modest businesses into SAM. This is all in an work to boost little company involvement in government contracting. The Federal Government has issued by law that 23% of all prime contracting dollars are to be awarded to registered small company government contractors. According to USAspending.gov, in 2012 there was over $ 500 billion worth of government contracts awarded to firms. The federal marketplace for government contracting has an massive amount of opportunity for registered small firms. USFCR tends to make positive that little firms are correctly registered in SAM and approved for tiny enterprise contracts and simplified acquisition contracts.

The official statement from the Office of the Federal Register announced the GSA started 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-current applications had been retired, and all requirements for entity registration, representations and certifications, and exclusions are now accomplished by means of SAM. This final rule amends the FAR by updating references and names to conform to the SAM designation. This final rule also tends to make a number of minor additional conforming changes, such as updates to definitions.

Eric Knellinger, President of US Federal Contractor Registration quoted in an interview with GovernmentContractingTips.com stating, After traveling down a extended and bumpy road, we have ultimately made it. Phase 1 of System for Award Management is practically complete. This Final Rule will now make the final amendments to Phase 1 and begin to incorporate much more procurement resources within the technique itself. For the previous year, we here at USFCR have been registering tens of thousands of businesses for government contracts as effectively as migrating expired contractors into the new procurement database of SAM. We simplify the procedure for organizations registering in SAM and prepare them to bid on contracts. That is why we get so a lot praise and respect from both contractors and procurement officers all around the globe. We want to make confident firms not only survive, but thrive in government contracting.





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