FOR IMMEDIATE RELEASE
Wednesday, May 31, 2000
Contact: Bill Mosley
Tel.: (202) 366-5571
DOT 106-00
DOT Adopts DOD’s Central Contractor Registration
A vendor registration system newly adopted by the U.S. Department of Transportation (DOT) will significantly increase the number of electronic vendor payments while reducing the number of vendor reports and the DOT resources needed to maintain lists of vendors.
On May 12, DOT signed an agreement which creates a partnership with the Joint Electronic Commerce Program Office (JECPO) of the U.S. Department of Defense (DOD) to use Central Contractor Registration (CCR). DOT finance offices will integrate the CCR vendor data, specifically the financial electronic funds transfer (EFT) information, into their new financial system. Vendor EFT information is input and maintained by vendors using DOD’s web-based CCR program (www.ccr2000.com), which currently has EFT and other information for over 166,000 contractors.
Through education and outreach, DOT will work with its finance, procurement and small business communities to ensure a seamless transition to this new system which will save time and money for companies doing business with the department.
This new system will employ a single transmission of this information rather than separately sending this data for each contract award, eliminating the barriers between procurement and finance functions. The system also will eliminate the need for the department to frequently update tables containing information on its vendors. Should the vendor’s EFT information change at any time, modification to the vendor’s data in CCR would register that change with all elements of DOT and DOD.
Questions regarding CCR data may be directed via e-mail to the JECPO office at contact.ccr@us.pwcglobal.com.
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