Sign Kentucky Banking Business Letter Template Myself

Who Killed Sam Quiggle form

alright ladies and gentleman welcome to the u.s. FCR government contracts training and premiere coaching John Wayne show this segment covers the Sam notarized letter what it is and what you need to do with it we're going to get started immediately Sam the system for awards management is the government's payment system basically it's what you register to get your cage code it's how you get paid you have to have a checking or savings account routing number and account number in Sam in order to be active and have a cage code and in order in some cases to be paid by the government you'll notice right here on the same home page up top it says you must submit a notarized letter appointing the authorized entity administrator before the registration will be activated this requirement now applies to both new and existing entities read our fact to learn more about this process change I'm going to show you the letter first so you see what it is then we're going to discuss what the letter is and why the letter is and then we're going to discuss what needs to be done with the letter this is an actual copy of the letter that we send out to the federal service desk to FSD showing me the notarized letter so this would be notarized by the vendor and this would state to the federal 3rd federal service desk that we are a third party registering this registration for the vendor and that we are certifying that the account number that is being used right here is officially the account number that's going to be on Sam now I've gotten several different opinions as far as why this is being required now I can tell you from past experience I've had many people from time to time call up and say hey we have the wrong account number in our Sam registration and someone else is collecting our funds we had one woman on business I was going on like six years now she'd called up one day and said that the government paid her money to someone total stranger she paid an attorney to register her Sam and the attorney accidentally typo'd the account number in Sam therefore was her what was not her account and when that money was funded when that money was paid it went to the person who actually owned the account with the typo was on now we were able to get that fixed we were able to get it straightened out we were able to get her money back from that company so she was able to make payroll and still you know stay in business she said if I don't get this money back I can't make payroll to put me out of business so long story short we're able to fix that now recently about two months ago uh the government started requiring that everyone get a notarized letter appointing the authorized entity administrator before registration will be activated that notarized letter states who the authorized entity administrator the person who administrates the registration who that person will be for companies that are already registered in order to renew they have to submit the certified letter for companies that are not registered that are new companies they have to also submit the certified letter the problem with this process is that the government required everybody to do this at once there's 1.2 million for-profit vendors in Sam currently so the government asked basically 1.2 million people to do this at once and they're all trying to do it at once or the people that you know are renewing as they go through and of course it's backed up the federal service desk out of those 1.2 million for-profit vendors over 900,000 um are inactive so there's always vendors trying to renew or update to become active so long story short if you've had the letter and you've had it notarized and you've submitted it to the federal service desk at simply a matter of time it's simply a matter of waiting for FSD to get caught up with the amount of forms that they're receiving a federal service desk FSD gov is not run by the government it has been outsourced to a third party and if you call them and ask them you might have to ask them several times they don't want to admit it but if you press it they will admit that not the government a lot of people are confused on this a lot of people will assume that fsd is the government they're not it's been outsourced neither is GSA GSA is not the government it's a third party neither is that the Federal Reserve's cause is not owned by the government it's not a government entity it's a private for-profit same thing with done a Bradstreet GSA etc so just be patient that's all you can do is hurry up and wait as long as you've submitted the certified letter to the federal service desk that's all you can do is wait and I'll show you the letter one more time actually let's go into the fact system in Sam just so I can show you that as well now I've heard several different stories on this apparently from what Sam is saying it was a alleged fraudulent activity GSA says important Bubba bod third party Friday lighting SAMHSA's Pamela lemon / entities registered in Sam are suspected of being impacted by the swage file activity GSA has already taken appropriate steps to address this issue has notified affected entities GSA will continue to work with oh i GM law enforcement agencies take additional action appropriate so some people are telling me that the government database was hacked and that some of the the account numbers were changed I'm being told by some people that it was a single incident where an attorney again accidentally typo'd the account number in Sam and then the money that was paid went to someone else I've been told that there are there was an attorney that was putting Sam registrations and his clients names but using his account number so the money was being paid to him directly I don't know who to believe at this point because I haven't gotten anything in writing outside of what the government's put up on the gsa website that says they're addressing the problem it says that very few entities were impacted explains what an entity is what's identities register damaging protect cells confirm that their bank account information has not been changed who should in these contact and find that payments do the federal government agencies have paid to a bank account their own what interim changes who should in an international instance contact unable to complete the notarized letter process etc for our clients we did this for you we took care of all this for you all you had to do is notarize the letter and send it to federal service desk we've taken care of the rest so our clients have nothing to worry about if you're not a client you have not signed up and this could be an issue to you becoming compliant and getting an active cage code which means you'll you won't win any contracts and if you do if they accidentally slip through the cracks and you do win one you won't be able to get paid so this is a mandatory process alright guys I provide live training every day at 1 in 4 p.m. Eastern Time so if anyone is not signed up for the live training let me know we can get you signed up on that the training is live through go to meetings so you can see my screen and hear me talk and ask me questions just like we're doing now we also provide personal training outside of the group the live group training every day so if you need personal training one-on-one just let us know talk to your account rep we can get you signed up and you'll have me on your team any questions comments feel free to like and subscribe I'm John Wayne and thanks guys I'll talk to you then