We encourage our clients to renew their SAM registration at least 90 days in advance.
This strikes many as very early however it is crucial. If you are currently bidding on any contracts most procurement officers won't consider your submission if you have less than 60 days remaining. This is often seen as a sign that the business is not on top of policies and procedures- not the impression that you want to make with procurement officers!
Additionally if your registration is not updated you risk delaying federal payments. No payouts will be made if your registration lapses until it is updated again. Don't get caught in this position!
Also keep in mind that updates are not necessarily processed the same day they are received and if there are any snags it can take weeks to correct and complete. Any business that needs to change addresses or point of contact information should start even earlier.
Finally there is now a requirement that you send a notarized letter via regular (aka snail) mail. Its called snail mail for a reason and if the government does not process your letter promptly (as we have seen happen often) you need to leave enough time to send another and get it processed without your registration lapsing.
The early bird gets the worm -or in the case of SAM - the payment! Be an early bird and start your registration or renewal early.
Let us help you with your SAM registration or renewal and navigate the process for you.
Click register and we'll get to work on your registration or renewal and usher your submission through the process.