Check your SAM Profile

GSA is currently investigating alleged fraudulent activity on their System for Award Management (SAM) SAM.gov. Although it is believed that only a few registered entities are impacted, it is recommended, that registered entities check their bank account information in SAM for accuracy.

It is suspected that thieves hacked SAM and changed companies bank account information so that government payments were rerouted to the thieves’ accounts. The only way to be sure about your account is to check your SAM registration to make sure your bank account number is correct.

For more information on GSA’s announcement you can visit:
https://www.gsa.gov/about-us/organization/federal-acquisition-service/office-of-systems-management/integrated-award-environment-iae/sam-update

We would also recommend that you renew your SAM account prior to April 27th. SAM will begin requiring an original signed and notarized letter of authorization for the Entity Administrator. The letter is a great way to safeguard the data, but it will create delays in the review process of your SAM account.   GSA also provides instructions for the notarized letter. 

Need help? Reach out to ColeyGCS via email at [email protected]

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Dan Coley

Dan Coley

Vice President for Coley Government Contracting Services, Dan leads the day-to-day Consulting Practice. He has more than a decade of experience with the acquisition, management, and marketing of Federal, State, and Local government contracts. Daniel specializes in all aspects of GSA Schedules management and marketing and has helped hundreds of Coley clients remain compliant with the terms of their GSA contract while helping them expand their business.

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