New System for Award Management (SAM) Registration

Important Notice Regarding New System for Award Management (SAM) Registration:

The General Services Administration (GSA) has recently noted an increase in third-party fraudulent activity within SAM. GSA has launched an investigation into third-party registrations, deactivated affected SAM entity registrations, and advised the affected entities to validate their registration information in SAM, particularly their financial information and points of contact.

While only a limited number of entities registered in SAM are suspected of being impacted, all contractors must submit a notarized letter appointing the authorized Entity Administrator before the company’s registration will be activated. This requirement now applies to both new and existing registered entities. The SAM website provides FAQs to learn more about this process change on its website. Sample letter templates have been provided on the SAMs website:

https://www.gsa.gov/about-us/organization/federal-acquisition-service/office-of-systems-management/integrated-award-environment-iae/sam-update

GSA recommends a thorough review of all registered Electronic Fund Transfer (EFT) in SAM. Any entity that suspectsfraudulent bank activity should contact the Federal Service Deskat:

https://www.fsd.gov

If you have any questions or need any support with this matter, please feel free to contact Capital Edge for assistance.