Process of SAM Registration: You Should Know Before Business Venture
SAM Registration is the first step of government contracting and it is supplier database for the United States. To sell to the federal government SAM Registration is a mandatory thing to do for a businessman. There is some process of SAM Registration and that is following. To register in SAM, companies have to visit their website, which is https://www.sam.gov, and not follow any other page. At the time of registration, they have to know there is no registration fee, so if any pages show them any registration fee, they must leave that page.
It is mandatory to have a DUNS number to register in SAM. Companies have to gather many others information also to register in SAM healthily. They have to take the information of taxpayer, banking, sales per year average for past three years, number, emails, and addresses of contractors, and the total number of employees for last one year. If a company has a lot of turnovers, they might have to hire two or three extra people who can change those. It is very important to have multiple NAICS codes to register.By visiting the US Census Bureau NAICS website they can recognize their NAICS codes. They have to note down the supply class code for each product and service, so take time before register. After gathering all information now they can create an account with a login. There are advantages of thirty days security code, by utilizing these advantages they can store their all data for thirty days. They have to complete every page and click save and continue bottom. After all final reviews, they can submit their registration request. After that, they will get a confirmation message or email sent by the SAM authority for SAM registration. After completing all the processes they are required to submit a notarized letter formally. If a company registered in SAM they can search the company based on their location, ability, ownership, size, experience, and more. It allows government agencies and contractors to search for companies by the SBA under Hubzone Programs and the 8A development.
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