St. Petersburg, FL (PRWEB) February 02, 2012
While many businesses and non-profit organizations are preparing their taxes, there is another registration they should take care not to neglect: CCR registration. US Federal Contractor Registration is reminding contractors and non-profits that any business or organization that receives federal payments, whether it is through government contracting, grants or other funding sources, must complete CCR registration and renew it annually. Annual renewal helps to keep the information contained in the registration current and accurate. Failure to renew registration can result in delayed payments and ineligibility for government contracts. Businesses and nonprofits can check the status of their CCR and ORCA registration anytime by calling the Contractor Helpline at (877) 252-2700 ext 1.
In order to bid, perform on or receive payment for federal government contracts, vendors must submit the required contractor registration, which includes obtaining a D&B number as well as completing their CCR registration and ORCA filing. Contractors interested in FEMA contracts must also complete a FEMA Vendor Profile. The Contractor Helpline also helps vendors verify that their registration is complete and correct at (877) 252-2700 ext 1.
Unfortunately, many vendors who try to complete their CCR registration on their own run into problems. The Georgia Tech Procurement Assistance Center has reported that nearly 20% of all current CCR records contain errors or omissions. Judy Bradt estimates that businesses spend an average of 20 months and $100,000 marketing their business to contracting agencies just to win their first contract. Problems with CCR and ORCA will cost those businesses even more time and money as even simple mistakes can disqualify a vendor from a contract award or even result in fines and punitive actions.
For this reason, many business owners turn to a third party registration firm like US Federal Contractor Registration. Just like hiring an accountant to handle their taxes, US Federal Contractor Registration’s case managers ensure that all the required registration for federal contracting is completed quickly and accurately. If any problems arise, such as IRS Validation Errors, their experience and knowledge allow them to immediately implement solutions.
Although many small businesses assume they can’t compete with big companies or fulfill the government’s needs, the reality is that over $92 Billion in contracts were awarded to small businesses during the 2011 fiscal year according to USASpending. Federal regulations such as the Small Business Act and assistance programs like the 8(a) Business Development Program also help create in-roads for small businesses to compete for government contracts.
Business owners can get immediate contracting help by calling the Contractor Helpline toll free at (877) 252-2700 ext 1. A Placement Specialist can then help them find current contracting opportunities, purchasing trends for federal agencies and review their registration for errors that could impact their ability to win government contracts.
US Federal Contractor Registration is a third party registration firm that has helped thousands of businesses complete their CCR registration and bid on contracts. US Federal Contractor Registration pairs businesses with a dedicated case manager who helps them every step of the way from initial registration to bidding on contracts. To request a free evaluation and assessment by a Placement Specialist for your business, call the Contractor Helpline at (877) 252-2700 ext 1 or visit our website at https://www.uscontractorregistration.com/.
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