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Notice: Alleged Fraudulent Activity in SAM

by | Apr 24, 2018

Notice: Alleged Fraudulent Activity in SAM

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 hello@coleygsa.com.

About Coley GCS

With over 25 years of experience, Coley GCS has helped thousands of companies successfully win and manage GSA MAS Schedules, GWACs, and IDIQ contracts. Our dedicated team of experts provides ongoing support to ensure your Schedule stays compliant, competitive, and positioned for long-term success in the federal marketplace. From initial acquisition to modifications and annual compliance, we make the process easy and efficient, so you can focus on growing your government business.

Need help maximizing return on investment? Coley GCS also provides Business Development support and training that has helped companies win over $26 Billion in new contracts.

Contact us at hello@coleygcs.com, call us at 210-402-6766, or book time with our team to speak with one of our contracting expert.

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