SAM.gov is something every federal government contractor has to deal with for actions like searching solicitations and registering to be a federal contractor. As every federal contractor wanting to do business with the federal government has to register on SAM, the questionnaires on SAM must cover a wide array of different possible businesses and business structures. As much as SAM tries to make sure to cover all the possibilities, inevitably, there are some questions that could have so many answers that contractors will often have their own questions about how to answer them properly. One of the most common questions that come up from contractors during SAM registration is “what do I put for Immediate Owner on SAM?” or “what does Highest-Level Owner mean?”
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SAM Registration: What The Heck Is An “Immediate Owner?”
Government contractors who have attempted to recently register or re-register in the SAM database have been confronted with new questions asking about an “immediate owner” and a “higher-level owner.” These new SAM questions have caused some confusion about what information, if any, a contractor must provide in SAM with respect to an “immediate owner” or “higher-level owner.”
The new questions originate in a recent amendment to the FAR, which requires all SAM registrants, if owned by another entity, to identify that entity by legal name, CAGE code, and type of ownership. This blog post breaks down the new rule and explains when this rule will come into play.
