New regulations for government contractors updating subcontractor database
Thus, different information is subject to different protections depending upon whether it is housed on contractor or DOD systems.
A breakdown of these divisions is captured in the diagram below, which is included in the FAQ.
: The primary difference between the security requirements imposed by earlier versions of DFARS 252.204.7012 and the current version is the addition of multifactor authentication as a minimum security standard.
The FAQ clarifies that this requirement necessitates authentication using a combination of (1) something you know (e.g., password); (2) something you have (e.g., a One-Time Password generating device like a fob, smart-card, or a mobile app on a smart-phone); and (3) something you are (e.g., a biometric like a fingerprint or iris).
Federal Contractor Registry will complete all registration requirements in less than two weeks, after which you’ll be fully qualified to bid for and accept federal work.
Moreover, because all governmental buyers and private-sector procurement officers frequently refer to federal registrations to find qualified businesses, you will also have exposure to contracting opportunities with state, county and local government, as well as private-sector concerns.
Make sure that your business gets the help and opportunities it deserves.
In some cases, even after they are registered, a number of businesses are still unsure about exactly how to submit their bids. Therefore, instead of wasting time (and money) trying to familiarize yourself with this highly complex and specialized system, allow us to quickly and efficiently register your business.
The Federal Contractor Registry is a third-party registration assistance service that was created to address the needs of businesses looking to do business with federal, state and local governments.
By handling the time-consuming and highly detailed task of System for Award Management registration (formerly CCR and ORCA legacy systems), FCR can help make sure that your company, as a federal contractor, is in a position to take advantage of the government’s ongoing commitment to the small business community. The simple truth is that most small businesses generally don’t have the time and resources to navigate the cumbersome registration process and learn the procedures that will allow them to compete successfully.
For a one-time payment of 7.00, you can ensure that your business too is in the game, paving the way for long-term growth and future success.
The American Recovery and Reinvestment Act of 2009, commonly known as the Stimulus or The Recovery Act, was passed in February, 2009 in response to the severe economic recession in the U. Designed to create jobs, encourage investment, and spur consumer spending, the Stimulus bill specifically allocated 5 billion for federal contracts, grants and loans – a provision that offers exceptional opportunities to businesses.