SAM.gov is a website operated by the federal government of the United States. You must have registered with the SAM, so now you want to know if your registration needs an update. Yes, SAM registration requires annual renewal. So in order to update your entity registration to need to go through the process of SAM registration renewal. Remember there is no fee to renew your SAM registration.
You will get all the necessary information from here as we have conducted thorough research on the subject matter and explained it with valid points to guide all the applicants and readers. So we suggest you go through the content and clear your doubts. Keep reading…
Why is it important to update your SAM registration?
Each SAM registration is only valid for one year so it must be renewed. By going through the meticulous process you can accomplish your objective. For that, you need a systematic approach without getting lost anywhere in the process.
If you want to continue doing business in the federal market by obtaining government contracts, you need to keep your SAM.gov registration active and up to date. It does not matter whether you are trying to obtain a government contracting vehicle or you want to take an advantage of open market opportunities. You just need to stay updated!
Several updates take place so you cannot afford to overlook every time there is a new need to make changes. Due to all these reasons, you must understand the SAM registration renewal process to get it done correctly.
When you should renew your SAM registration?
You must be thinking you can renew your SAM registration a couple of days before the expiry date. No, you cannot do so.
You should start thinking about SAM registration renewal several months in advance. Suppose, you are in a middle of a government contract and all of sudden your SAM registration gets expired. In that case, the government will not be able to receive the goods and services they need. As a result, you will not be paid which is something you want in any way.
We recommend businesses or companies go through the SAM registration renewal process at least two months before the expiration date.
Ways to renew SAM registration
To renew SAM registration there are two promising ways. In one way, you can go to your current listing and update it by yourself. You can also hire a third-party registration service to complete the SAM registration renewal process for your business.
It is free if you can renew it by yourself, but it can be complicated and time-consuming. So many businesses hire a company for the renewal process by paying them a fee. If your renewal is not completed correctly then it can lead to delays. So, you can consider hiring someone who has the expertise in this job to handle the task for you.
Steps to renew your SAM registration
Now it is time to go through the steps of the SAM registration renewal process. So let’s have a look!
1. Go to www.sam.gov from your internet browser address bar.
2. Login to the website with your valid SAM username and password.
3. Select ‘Entity Registrations’ on the ‘My SAM Page’.
4. Select ‘Existing Entry Registrations’ from the sub-navigation menu.
5. Search for your Entity to update. Or you can select the Legal Business Name of your entity from the Entity List.
6. From the Registration Details panel, select the ‘Update Entity’ option.
7. Select whatever you would like to update: Purpose of Registration and remaining entity registration.
8. Update the section of Core Data.
9. Update the Assertion section.
10. Update the Representations and Certifications section.
11. Update the Point of Contact section. Delete the information within the POC if it is irrelevant to your business.
12. Update your information in SBA’s Dynamic Small Business Search if you qualify as a small business.
13. Select the Submit option.
Your registration will be reviewed and you will receive an email from SAM.gov.
Some useful tips
While updating your registration, you must review the entire record to make sure all the information is accurate. If your company’s physical address has changed, make sure to update the address, DUN, and Bradstreet.
New requirement! You must sign and submit a formal letter appointing your Entity Administrator.
Fedvital is an established company that has expertise in this field. With Fedvital you can simplify the process of your SAM registration as well as the renewal process. You just need to put your details and leave the rest on them to complete the objective. So get proper guidance and professional assistance from Fedvital now!
Conclusion
Renewing your SAM registration will help you continue working with government contracts in the federal market. So don’t overall the process and get it done now before the registration gets expired.
