Though the name sounds more like a holdover from the 70's era Soviet Union (zdravstvuj, comrade), Central Contractor Registration (CCR) serves the US government and the small businesses who wish to do business with it.
As the New York Times noted, a certain percentage of federal contracts go to small businesses. These firms must be certified as small businesses first, and that task falls to CCR.
"Creating a profile in the Central Contractor Registration (CCR) and the Dynamic Small Business Search (DSBS) and keeping it current ensures that your firm has access to federal contracting opportunities, especially those for small businesses," CCR said in its small business help section.
Small businesses must meet certain criteria, based on industry group. Exceptions exist, depending on the size standard for a specific industry determined by its NAICS code.
A government contract can be a terrific boon for a small business. Business owners who believe they are capable of living up to the terms of one should consider pursuing that opportunity.
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