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Is your SBA profile not showing up after being registered in SAM?

Small businesses that register in the System for Award Management (www.sam.gov) have the opportunity to automatically have an SBA Profile on the SBA’s Dynamic Small Business Search (DSBS).  This database is often used by government buyers and prime contractors seeking small business suppliers so it is important your profile is complete and accurate   However, there is currently a challenge with information being transferred from SAM to the SBA Profile.  If your firm has included one or more of the following NAICS Codes in its SAM registration, there is a high likelihood your DSBS profile is incomplete or not transferred and as a result, your firm is unable to be found by government buyers searching the DSBS!  Firms applying for HUBZone and 8a certification are also impacted. Please contact your local PTAC for free support on how to fix this issue.

 

NAICS code

Industry description

115310 Support Activities for Forestry
115310_a Except Forest Fire Suppression17
115310_b Except Fuels Management Services17
237990 Other Heavy and Civil Engineering Construction
237990 Except Dredging and Surface Cleanup Activities2
481211 Nonscheduled Chartered Passenger Air Transportation
481211 Except Offshore Marine Air Transportation Services
481212 Nonscheduled Chartered Freight Air Transportation
481212 Except Offshore Marine Air Transportation Services
488510 Freight Transportation Arrangement10
488510 Except Non?Vessel Owning Common Carriers and Household Goods Forwarders
531190 Lessors of Other Real Estate Property
531190 Except Leasing of Building Space to Federal Government by Owners9
541330 Engineering Services
541330_a Except Military and Aerospace Equipment and Military Weapons
541330_b Except Contracts and Subcontracts for Engineering Services Awarded Under the National Energy Policy Act of 1992
541330_c Except Marine Engineering and Naval Architecture
541519 Other Computer Related Services
541519 Except Information Technology Value Added Resellers18
541712 Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) 11
541712_a Except Aircraft
541712_b Except Aircraft Parts, and Auxiliary Equipment, and Aircraft Engine Parts
541712_c Except Space Vehicles and Guided Missiles, their Propulsion Units, their Propulsion Units Parts, and their Auxiliary Equipment and Parts
562910 Remediation Services
562910 Except Environmental Remediation Services14
611519 Other Technical and Trade Schools
611519 Except Job Corps Centers16

Quick Pay for Defense Contractors a Thing of the Past?

Since 2012, Defense contractors have been experiencing faster payments through an initiative called Quick Pay.  In an effort to ease Defense Contractor cash flow challenges, the government paid approved invoices as soon as the bill was verified rather than holding on to the payment for 30 days.

According to a recent article published by Federal Times, Pentagon officials are now more worried about their own cash flow.   The looming sequestration and current continuing resolution have created a situation where DoD only has 2-4 days of cash available rather than the typical 7 days.  Defense contractors impacted by the new payment policy will be contacted as soon as this week.

Read more stories about the impacts of sequestration and Defense budgets at www.federaltimes.com.