Government contractors who have attempted to recently register or re-register in the SAM database have seen a new question 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. See the article below for a break down and explanation of the new rule posted on the Smallgovcon website..