SAM Registration: What’s the Purpose?
The purpose of SAM registration, which stands for System for Award Management, is to establish a centralized database that serves as a primary resource for individuals, businesses, and organizations looking to engage in government contracting. SAM registration is a mandatory requirement for entities seeking to do business with the U.S. federal government. The registration process collects and validates information about businesses and provides a unique identifier, such as a DUNS number and a Commercial and Government Entity (CAGE) Code. SAM registration allows the government to verify the eligibility, qualifications, and compliance of entities interested in receiving federal grants, loans, or contracts. It streamlines the procurement process, enhances transparency, and facilitates efficient communication between government agencies and potential contractors.
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