This part provides guidance to agencies to establish:
(a) The unique entity identifier as a universal identifier for Federal financial assistance applicants, as well as recipients and their direct subrecipients.
(b) The System of Award Management (SAM) as the repository for standard information about applicants and recipients. [75 FR 55673, Sept. 14, 2010, as amended at 79 FR 75879, Dec. 19, 2014]