Contractors Must Complete SCR Requirement for FY15

Jan 5, 2016 9:52:48 AM / by USFCR

Contractors Must Complete SCR Requirement for FY15

Federal contractors must report their service contracts, known as SCRs, through the System for Award Management. By law, executive agencies must prepare an annual inventory of their SCRs per Section 743(a) of Division C of the Consolidated Appropriations Act, 2010 (Pub. L. 111-117).

Contractors subject to the SCR requirement must provide the following information:

  • Total Amount Invoiced (Total dollar amount invoiced for services performed during the previous Government fiscal year under the contract, including the prime and any subcontract amount).
  • Number of Contractor Hours (Contractor direct labor hours expended on the services performed during the previous Government fiscal year).
  • DUNS Number
  • Subcontract Number
  • Number of Subcontract Hours

SCRs are required for all service contracts that contain FAR clauses 52.204-14 or 52.204-15. As described in FAR Subpart 4.17, SCRs are required for these thresholds:

  • Cost-reimbursement, time-and-materials, labor-hour service contracts and/or orders with a “Base and All Options Value” at or above the simplified acquisition threshold of $150,000, and
  • FY15 fixed price service contracts with a “Base and All Options Value” of $2.5 million or greater.

If, after logging in, a user doesn’t see the “Service Contract Report” option, then the Federal Procurement Data System (FPDS) did not identify any contracts or actions subject to the SCR requirement for FY15.
One benefit of working with US Federal Contractor Registration is its year-round support. If you’re a federal contractor and are interested in year-round support or for more information about completing this SCR requirement, contact US Federal Contractor Registration today.

To speak with a Contracting Specialist, Call: (866) 216-5343

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Written by USFCR

US Federal Contractor Registration (USFCR) is the largest and most trusted full-service Federal consulting organization. USFCR also provides set-aside qualifications, including women-owned, veteran-owned, disadvantaged (8a), HUBZone, and other federal contracting services, technology, and training.