Dec. 21, 2021 —
The Coast Guard’s transition to the DHS Financial Systems Modernization Solution (FSMS) went live Dec. 17. Vendors should anticipate delays in payment receipt because of the volume of invoices in backlog. Priority will be placed on utilities, small businesses, member payments and large-dollar contract payments. The remaining invoices will be processed on a first-come, first-served basis, as soon as possible in accordance with the binding agreement between the parties.
Now that the transition to FSMS is completed, vendors on most new fiscal year 2022 awards and any awards with instructions to send the invoice to FIN-SMB-YardTeam@USCG.mil will now need to submit invoices through the Invoice Processing Platform (IPP). IPP is a secure web-based electronic invoicing system provided by the U.S. Department of the Treasury’s Bureau of the Fiscal Service in partnership with the Federal Reserve Bank of St. Louis. IPP is available at no cost to any commercial vendor or independent contractor doing business with a participating government agency.
If your company is already registered to use IPP, you will not be required to re-register and you do not need to contact IPP. If you are not already registered in IPP, the point of contact you provided in your SAM.gov registration will receive two emails from email@example.com. Please note that emails from this email address may filter into your spam or junk folder.
U.S. Coast Guard (USCG) Go-Live of DHS Financial Systems Modernization Solution (FSMS) and Invoice Processing Updates
Coast Guard will use Invoice Processing Platform for most new FY22 awards
Coast Guard will experience invoice processing pause during financial system transition