Government Accounting

STOP – Don’t pay for SAM Assistance or Registration. Why? It’s FREE and EASY!

Let’s debug this common urban legend of government contracting: Someone tells you have to pay for a “service” in order to register your company with SAM.gov OR you have tocon-artist-alert pay for someone to update your entity’s registration.

So, you’re a government contractor, or you’re wanting to become one. You ask around, “What do I do first?” The responses are muddled, you do some Googling, then you start to really notice the emails offering services to set up or update your registration. WAIT – WHAT?! Services?? I have to pay for this?? The long and short answer: NO

You should never, ever in a million years have to pay for these “services” the emails claim to offer – EVER! The SAM registration takes about 15 minutes to complete, and any updates to it take less than 5 (honestly – it’s that easy)

Be aware of these other “offers” and how the issues can be addressed for free:

1) Year Long Technical “Support”
  • Updates are only as necessary, and often times SAM.gov only needs to be reviewed once a year
  • There is no “support” required
2) SAM.gov Migration Annual Updates
  • Migration happens once; Most likely all government contractors who have registered in the old CCR have already been migrated
3) FAR Updates (if necessary)
  • SAM.gov DOES NOT provide FAR updates!
  • During the annual update of the entity registration, these are already incorporated
4) Basic Changes to Registration (NAICS codes, contact info., contracts awarded, etc.)
  • This is a part of the basic updating
  • Takes 5 minutes!
5) Government Buyer Submission
  • Only if offering disaster response
  • One page within SAM.gov
  • Takes 30 seconds to complete!
6) Verification of Dun & Bradstreet Number (required)
  • Can be done by logging into iUpdate
  • If it is needed, you will be directed after SAM.gov login
7) SAM Registration Completion
  • This is a 15 minute process
  • Can be done for free! (or divide the completing person’s rate by the time it takes – that’s really the cost; just a few dollars of opportunity cost)
8) Verified Vendor Seal of Approval
  • BEWARE – THE GOVERNMENT WILL NOT RECOGNIZE THIS “SEAL”!
So, all in all it may take one person a total of maybe, maybe 25 minutes PER YEAR to either register or update SAM.gov. Now, unless you are paying your employees an exorbitant salary, isn’t 25 minutes much more affordable than the approximately $600 price tag companies out there are charging? I’m not an economics specialist by any means, but I think I’ll go with the 25 minutes, and I hope you do the same.

Still need help? Check out Arrowhead Solutions – we’ll lead you in the right direction with a FREE 30-minute consultation. We don’t like to be scammed, and we definitely don’t want our clients to deal with these “support” claims either.

 

Look – We’re Growing!

Arrowhead Solutions Announces the Addition of Four New Team Members

Boulder, CO (April 21, 2014) – Stephanie Amend, Founder / Executive Consultant of Arrowhead Solutions, LLC announces the addition of four new team members. Specializing in aiding small businesses in the processes relating to government contracting, Arrowhead has continued to grow in both the number of clients they assist, as well as the number of consultants on staff. Caroline (Carrie) Grigg, Douglas Wells, and Steve Griffin have joined the team as Contracts Specialists. Carrie brings ten years of experience in contract management and business development in diverse fields including IT, A/E/C, bioscience and energy. Doug brings to Arrowhead almost 25 years of hands-on experience in Government contracting. Since active duty retirement, Doug has used his expertise to assist the USDA and US Department of Education, as well as an Air Force operational contracting office.  Stephen’s expertise in government contracting brings into the mix experience in the dynamics present in government, how to read and interpret laws, regulations and policies, and how government agencies are structured, operate and think. Stephen holds both a PhD in Communication Studies and Master of Applied Communication degrees. Another new addition to Arrowhead, Lindsy Bentz, has joined as the Director of Marketing and Operations. Lindsy will assist clients with marketing their services to the Government as well as overseeing the internal marketing and operations efforts of Arrowhead.

About Arrowhead Solutions:

Arrowhead Solutions, LLC has been serving Boulder and Denver, Colorado metro areas and clients across the nation for five years. Stephanie Amend, Founder / Executive Consultant formed Arrowhead after seeing a need for assistance in the small-business government contracting arena. As both a civilian working for the Air Force as a Contracts Specialist at Hill Air Force Base, and as a Contracts Negotiator in the private sector, Stephanie teamed up with Janet Shea, CPA after getting Arrowhead off the ground to provide the small businesses services much needed in the Boulder/Denver area.  Five years later, Arrowhead has grown to carry a roster of clients from coast to coast with the ability to assist in every area of government contracting.

Five Years; time to give back to our wonderful readers! Part 1 of 4:

As Arrowhead celebrates our 5th anniversary, we realize that we could not have done it without all the support from you – our readers and clients!

To give back, we’d like to share some government contracting tips and tricks so that you can be the best government contractor possible. Each week, throughout the month of March, we’re going to be posting 5 tips to celebrate 5 years. Cheers!

This week’s post: Government Contracting: Tips and Tricks Part 1 – DCAA and Government Accounting

#1: Ask “How would we fair during a DCAA audit?” Not sure? Try a mock audit with Arrowhead’s experts on the other side of the table before there is DCAA in the picture.

#2: Make sure you know what wrap rate means. Need a refresher?

#3: Be familiar with indirect and direct rates. Read On…

#4: Read RFQs carefully – response instructions must be followed exactly as stated.

#5: Make sure to time your GSA proposal right  (if you have one). Not sure? Just call Arrowhead and we’ll help you sort it out. Don’t know if you really need a GSA? You could be right. Not all companies can benefit from being on a GSA Schedule. Arrowhead will also help you sort this out.

Don’t forget to follow Arrowhead Solutions on Twitter (@arrowheadllc) for daily tips, too!

See you next week!