The Data Universal Numbering System (DUNS) is a unique nine-digit identifier assigned to businesses by Dun and Bradstreet, Inc. (D&B). This number is used to distinguish individual business entities and is particularly important for federal contractors, as it serves as their identification number in government contracting processes.
The DUNS number is primarily used in federal contracting and procurement. It is essential for businesses seeking to work with the federal government, as many agencies require a DUNS number to process contracts and grants. This number plays a crucial role in various legal areas, including:
Users can manage their DUNS registration and related forms through resources like US Legal Forms, which offers templates and guidance for federal contracting.
Here are a couple of examples of abatement:
Example 1: A small business applies for a federal grant to develop new technology. To complete the application, they must provide their DUNS number to verify their identity as a legitimate business entity.
Example 2: A contractor seeks to bid on a government project. They must include their DUNS number in their proposal to ensure compliance with federal regulations. (hypothetical example)
| Term | Definition | Key Differences |
|---|---|---|
| DUNS Number | A unique identifier for businesses assigned by Dun and Bradstreet. | Specifically used for federal contracting and business identification. |
| Tax Identification Number (TIN) | A number used by the IRS to identify taxpayers. | Used primarily for tax purposes, not specifically for federal contracts. |
| Employer Identification Number (EIN) | A number assigned to businesses for tax reporting purposes. | Focuses on tax obligations rather than business identification in federal contracting. |
If you are a business looking to engage with federal contracts, you should obtain a DUNS number from Dun and Bradstreet. You can complete this process online. For assistance with the necessary forms and procedures, consider using US Legal Forms, which provides templates and resources tailored to your needs. If your situation is complex, consulting a legal professional may be beneficial.
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A DUNS number is used to identify businesses in federal contracting and grant applications.