99 -- Treasury Department Adopts CCR Effective May 1, 2002
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The contract outlines the implementation of the Central Contractor Registration (CCR) system by the U.S. Department of the Treasury, effective May 1, 2002, in partnership with the Department of Defense's Defense Electronic Business Program Office. This system mandates that all vendors seeking to do business with the Treasury must register in the CCR database to provide and maintain accurate electronic funds transfer (EFT) information. This registration replaces prior paper-based EFT submissions, streamlining payment processes and aligning with the Government Paperwork Elimination Act of 1998 by offering electronic submission options. Contractors must be registered before contract awards, with some exceptions such as purchases using commercial purchase cards, foreign vendors performing work outside the U.S., classified contracts, urgent need purchases, or awards waived by the Bureau Chief Procurement Officer. Additionally, existing contractors with active Treasury procurements prior to May 1, 2002, are required to register in the CCR as a condition for contract modifications after April 30, 2002, or by September 30, 2003, whichever comes first. The CCR system simplifies vendor interactions, eliminates redundant paperwork like Standard Forms SF-129 and SF-3881, and ensures prompt payment through accurate EFT data. For assistance or questions regarding the CCR system and its requirements, specific contacts within the Treasury and the Defense e-Business office are provided, along with a dedicated CCR Assistance Center operational during standard business hours.
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