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How do NAICS codes impact business loans and grants?

NAICS Codes and the Impact on Business Loans and Grants

Every company that is looking to bid, win, or obtain federal contracts or grants MUST be registered in the System for Award Management. One of the requirements when doing the registration is filling in what your entity’s primary NAICS code is. The NAICS code is essential for prime contracts so the can easily identify the type of service your business provides. In addition, certain contracts/grants will only be awarded to companies that have a specific NAICS Code.

USBRI has assisted small businesses with SAM and Small Business Certifications since 2011. A dedicated CRS will be assigned to your company to facilitate the renewal or registration process for  you. If you have additional questions, call the help desk or submit the form down below.

If you are unsure of what your NAICS codes in SAM are or you need to find and update them, use the tools by clicking either button below.

 

Need to Register or Renew?

If you need to update, register, or renew a SAM Registration, begin the process with a CRS today. Click the button below to proceed to the next steps.

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What is US Federal Contracting?

U.S. Federal Contracting

U.S. federal contracting is the process by which the government acquires goods, services, and construction projects from private companies. Key aspects include:

  1. Regulatory Framework: Governed by the Federal Acquisition Regulation (FAR).
  2. Contract Types: Includes fixed-price, cost-reimbursement, and time-and-materials contracts.
  3. Acquisition Process: Involves market research, solicitation, evaluation, award, and administration.
  4. Competition Requirements: Promotes fair competition, with exceptions for sole-source contracts.
  5. Small Business Set-Asides: Programs to encourage small business participation.
  6. Contract Compliance and Oversight: Ensures contractors meet obligations through monitoring and audits.
  7. Contracting Agencies: Agencies like the DoD, GSA, and VA manage their own procurement.
  8. E-Procurement: Uses portals like SAM for efficiency and transparency.

Federal contracting ensures government procurement is fair, transparent, and provides value to taxpayers. It is a great way for businesses to get more work and take advantage of inclusive government programs. Start the process of becoming a Government Contractor by completing your SAM Registration with USBRI.

Have More Questions?

A Certified Registration Specialist can answer any questions you may have about Federal Contracting or SAM Registrations by calling the Help Desk at 1-888-646-9998 Mon-Fri 9 am-5pm EST.

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How can small businesses compete for federal contracts?

For a small business to compete for federal contracts, they must be:

    • Registered in SAM
    • Meet SBA Small Business Size Standards

Both are essential to being able to compete for federal contracts as well as being considered a small business.

USBRI has been helping companies stay compliant with SAM and SBA since 2011. Always on top of changes and compliancy, a dedicated CRS will ensure your business is ready to take on federal contracting by making sure the right steps are completed.

Click either button below to find out if you qualify as a small business and/or if your company has an active and compliant SAM Registration

 

Need to Register or Renew?

If you need to renew or register in SAM, begin the process NOW. You do not want to miss out on federal contracting opportunities due to a missed or lapsed registration. Begin the process now with a professional Certified Registration Specialist by clicking the button below. If you have additional questions, reach out to the USBRI Help Desk at 1-888-646-9998.

 

How do I register my business to be eligible for federal contracts?

In order to obtain and bid on federal contracts, you must be registered in SAM. The registration is a crucial part of being able to obtain federal contracts and grants as SAM tracks where spending is going, to who, and for what.

If you are unsure if your company is registered in SAM, use the SAM Status Lookup Tool by clicking the button below

 

Need to Register or Renew in SAM?

In order to continue federal contracting work, you will need to be registered in SAM and be active. If you checked the status and the registration is missing or inactive, begin the process with a professional NOW. Validation times are taking longer due to new regulations and missing information and/or documentation can slow it down even more. Having a CRS guide you and do the process for you will guarantee completions and compliance. Begin the process now with a CRS today by clicking below

What is a small business certification, and why is it important?

A small business certification is an extra step that can be taken to ensure you are getting the most out of your federal contracting and grant registration. If you have successfully registered in SAM, you may qualify for a Small Business Certification.  The SBA sets “size standards” for businesses that can be considered for small business certifications,

A small business certification can be extremely beneficial to your company, especially if you are looking to take on more business as a federal contractor. Being registered in the small business database will ensure that prime contractors can find you based on your NAICS Code and/or other factors, narrowing down the pool of competition significantly.

If you are unsure if you qualify as a small business according to SBA, use the Small Business Calculator Tool by clicking the button below. Additionally, if you are unsure if you have a SAM Registration, use the SAM Status Lookup Tool by clicking the other button below.

 

Need to Register or Renew?

If you need to renew or register in SAM, begin the process NOW. You do not want to miss out on federal contracting opportunities due to a missed or lapsed registration. Begin the process now with a professional Certified Registration Specialist by clicking the button below. If you have additional questions, reach out to the USBRI Help Desk at 1-888-646-9998.

What qualifications and certifications are required for federal contracting?

The main qualification for federal contracting would be to have an active and compliant SAM Registration. There are some contracts that require you to have a certification (such as WOSB, VOSB, or HUBZone). The contract description will tell you the requirements if you are unsure. Getting certified as a Woman-Owned, Veteran-Owned, or HUBZone Small Business puts you into a much smaller pool of candidates able to bid on and win federal contracting opportunities.

If you are unsure if you qualify for a Small Business Certification, click the button below. Additionally, if you need to check the status of a SAM Registration, us the SAM Status Lookup Tool by clicking the other button.

 

Need to Register or Renew?

If your registration is expired or you do not have one, begin the registration/renewal process with a professional NOW. USBRI has been offering filing assistance with SAM since 2011, ensuring business’s are active and compliant in SAM to begin their federal contracting journey. Contact the USBRI Help Desk at 1-888-646-9998 and a CRS will be able to assist you. You can also checkout below by clicking the button. Once service is purchase, a CRS will be in contact with you in the next 24 business hours with next steps.

What is the first step in obtaining a federal contract?

The first step in obtaining a federal contract would be to have a SAM Registration. SAM is the money portal for the government, tracking where it goes, to who, and for what. So if you plan to take on contracting work for the government or receive federal grant dollars, you must be registered.

If you are not sure if your business has a SAM Registration, use the “SAM Status Lookup Tool” by clicking the button below

 

Need to Register or Renew?

If your registration is expired or you do not have one, begin the registration/renewal process with a professional NOW. USBRI has been offering filing assistance with SAM since 2011, ensuring business’s are active and compliant in SAM to begin their federal contracting journey. Contact the USBRI Help Desk at 1-888-646-9998 and a CRS will be able to assist you. You can also checkout below by clicking the button. Once service is purchase, a CRS will be in contact with you in the next 24 business hours with next steps.

How much does a GSA cost?

GSA Schedule Cost

When initially applying for GSA there is no cost, however you must be registered  with SAM to proceed further. These can be tedious and overwhelming when first registering. USBRI has been offering filing assistance for the last 13 years. If you have questions or need any help with anything regarding SAM, please reach out to USBRI Help Desk 1-888-646-9998.

If you are unsure that you have a SAM Registration, click the button below

Need to Register or Renew?

If your SAM Registration is set to expire or you do not have one, begin the renewal/registration process NOW. You do not want to miss out on federal contracting opportunities due to a lapsed SAM Registration. Call the USBRI Help Desk for assistance or begin now by going to the services page by clicking the button below.

What are the initial steps I need to take to become eligible for federal grants and contracts?

How to Become Eligible for Federal Grants and Contracts?

The initial steps needed to take to become eligible for any federal contracts or grants is having an active and compliant SAM Registration. For you to receive any payment from the federal government (via contract or grant), you must have that SAM Registration set up.

USBRI has been offering filing assistance for over 12 years. A CRS will handle the process for you, making federal contracting registration easier for you. Reach out to the USBRI Help Desk at 1-888-646-9998 for any questions.

If you are unsure if you have a SAM Registration, use the Lookup Tool by clicking the button below

Need to Register or Renew in SAM?

If your SAM Registration expires soon or you do not have one, begin the registration/renewal process NOW. Processing times are taking longer due to new procedures, so you do not want to miss out on any federal contracting opportunites due to the missing or lapsed regsitration. Begin today with a CRS to ease the headache and have a specialist take care of it for you by clicking below.

How do I register my organization with the System for Award Management (SAM)?

To register an organization with SAM, you have two primary options:

    1. Using online resources, complete the registration process on your own (burden of time; 2-4 months)
        • Due to missed emails or documentation, it may take longer
    2. Have a specialist (Certified Registration Specialist or CRS) facilitate the process for you to completion, making sure it’s compliant with SAM and its guidlines.

USBRI has been offering filing assistance for over 12 years. A CRS will handle the process for you, making federal contracting registration easier for you. Reach out to the USBRI Help Desk at 1-888-646-9998 for any questions.

If you are unsure if you have a SAM Registration, use the Lookup Tool by clicking the button below

Need to Register or Renew in SAM?

If your SAM Registration expires soon or you do not have one, begin the registration/renewal process NOW. Processing times are taking longer due to new procedures, so you do not want to miss out on any federal contracting opportunites due to the missing or lapsed regsitration. Begin today with a CRS to ease the headache and have a specialist take care of it for you by clicking below.