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CCR â A Must for all Business to get Federal Government Assistance |
| Date Added: February 03, 2010 12:13:01 PM |
| Author: Chetry g |
| Category: |
| Central Contractor Registration, commonly referred as CCR is the main registrant database for the United States Federal Government. This database collects, stores, validates and disseminates data to backup all the acquisition missions of agencies including the contracts and assistance awards (grants, cooperative agreements and all other kinds of assistance) of the Federal agency. The term “registrant” is referred to all the entities, no matter whether the application has been made for assistance awards, contracts or any other business opportunities. If you wish to do business with the Federal Government and get certified as an SDB or obtain an 8a Certification, CCR registration is a must for you. This government-wide vendor registration is the focal point where electronic commerce streamlines and integrates with the Federal procurement process. The importance of CCR registration cannot be denied, as it is a must for both current and potential government registrants. Without this registration they would not be able to opt any of the federal government contracts and take advantage of the benefits. The CCR registration process is however, not very complicated, but needs to be completed with accuracy. Registrants will have to complete a one-time registration in order to provide all relevant procurement and financial transactions related information. If you are already a registrant, you must update or renew your CCR registration at least once every year. This will help you to maintain an active status on the database. CCR has become mandatory for entities applying for Federal Government contracts or assistance through Grants.gov. This rule is applicable for private non-profit organization, state or regional agencies, educational organization and all. The Central Contractor Registration validates the information of a registrant and shares the secure and encrypted data electrically with the finance offices of the federal agencies in order to provide the facility of paperless payments over the Electronic Funds Transfer (EFT) system. CCR further shares the registrant information data with the procurement and electronic business systems of the Federal Government. Registrants must be aware of the fact that the information they provide during the registration might be shared with authorized offices of the Federal Government as well. For CCR registration you would require: TIN or Tax Identification Number and the Name of the Taxpayer The DUNS Number All statistical information regarding your business EFT or Electronic Funds transfer information However, you must remember that even though the CCR registration is a must for all businesses, it does not guarantee any kind of assistance, award or business with the federal government or federal government agencies. Author Bio: Steven Brown is a professional Internet marketer. To get the CCR Registration or to get information on Central Contractor Registration or CCR Registration Visit www.EZ8a.com |
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