DCAA Compliance Blog

Your Source for DCAA News and Information for Contractors

ReliAscent® LLC is the only government contract accounting firm that specializes in all aspects of government contracting compliance.  From our DCAA compliant accounting services, to monthly government contract accounting for all government agency awards, contract management & administration, and financial services & planning, our goal is to ensure the success of our clients, and all small business government contractors and grantees.  

In our DCAA Blog, we discuss the latest government contracting news from the Federal Government, the DCAA, and DCMA, as well as promotions offered by ReliAscent, and helpful tools and resources for contractors.

We hope you will visit and take part in the discussions on our blog on a regular basis. If you ever have any questions or would like to discuss how our experts can help, do not hesitate to contact us at any time!  


 

New SAM Registration Requirement for Federal Contractors & Grantees

Posted by Tyler Link on Wed, Jun 06, 2018 @ 12:42 PM

In case you hadn't heard, we wanted to notify all of our clients of news and a new requirement coming out of the GSA for all Federal Contractors and Grantees:

The GSA's System for Award Management (SAM) is supporting an investigation by the GSA Office of the Inspector General (OIG) into alleged, third-party fraudulent activity in SAM. At this time, only a limited number of entities registered in SAM are suspected of being impacted by this alleged fraudulent activity.  If you were affected the GSA has already notified you of the activity.  All other entities will need to take measures to comply with the GSA’s corrective action for prevention of future breaches.

What does this mean for you:

  • If you were affected by the fraudulent activity, GSA has already notified you, and you are required to submit an original, signed notarized letter identifying the authorized Entity Administrator for the entity associated with the Data Universal Numbering System (DUNS) number before the registration will be activated. GSA posted instructions for domestic entities and instructions for international entities for easy reference.
  • All new entities going forward that are registering in SAM for the first time are required to perform this step.
  • All existing SAM registrants are also required to perform this step when renewing or updating their registration.

While you are not required to perform this step until you perform your annual renewal, ReliAscent recommends all contractors and grantees take proactive measures and update this as soon as possible, as GSA anticipates (some) potential problems with payments in Q3 and Q4 as a result of this situation.  For more information on this please see the GSA website.

If you have any questions, please feel free to contact us at any time. We greatly appreciate your business, and are always happy to help.

Topics: GSA, SAM, GSA SAM Fraud Investigation