Last edited by Fesar
Monday, August 3, 2020 | History

2 edition of DOD"s management of government property furnished to defense contractors found in the catalog.

DOD"s management of government property furnished to defense contractors

Frank C Conahan

DOD"s management of government property furnished to defense contractors

statement of Frank C. Conahan, Assistant Comptroller General, National Security and International Affairs Division, before the Committee on Governmental Affairs, United States Senate

by Frank C Conahan

  • 202 Want to read
  • 15 Currently reading

Published by U.S. General Accounting Office in [Washington, D.C.?] .
Written in English

    Subjects:
  • United States. -- Dept. of Defense -- Procurement,
  • Defense contracts -- Government policy -- United States,
  • Government property -- United States

  • Edition Notes

    SeriesTestimony -- GAO/T-NSIAD-88-19
    ContributionsUnited States. General Accounting Office
    The Physical Object
    Pagination62 p. ;
    Number of Pages62
    ID Numbers
    Open LibraryOL14901419M

      The Inspector General of the Department of Defense issued a similar, page report in May that found the U.S. Army had paid every LOGCAP . of government property government furnished property contractor acquired property classes of government property material special tooling special test equipment equipment real property fmr foundational elements • far policy and application – both government and contractor folks needs to.

    Government property between Government activities, to a contractor and upon return of property to DoD. Acceptable methods include utilizing the Government Furnished Property (GFP) modules within the Procurement Integrated Enterprise Environment (PIEE) (formerly the Wide Area Workflow (WAWF) eBusiness Suite) or Defense Logistics Management.   Government Furnished Equipment (GFE) (FAR Part 45) is equipment that is owned by the government and delivered to, or made available to a is normally specified in a Request for Proposal (RFP) or contract. The determination of GFE is usually made by the government Program Manager (PM) and Contracting Officer.. Website: DoD Government Furnished Property.

    price contracts that will include government property, and all labor hour solicitations and contracts where government property is expected to be furnished. If a decision to provide government property is made post-award, the required GFP clauses also shall be added to the basic contract by modification before government 3. Government-furnished property has been determined a material weakness within the Department of Defense. DoD must be fully audit ready by the end of FY contractors to submit property loss reports via the Defense Contract Management Agency Property Loss eTool. As part of the effort to improve accountability of Government-furnished.


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DOD"s management of government property furnished to defense contractors by Frank C Conahan Download PDF EPUB FB2

GAO reviewed the Department of Defense's (DOD) management of government property furnished to DOD contractors to determine the: (1) effectiveness of DOD implementation of the government policy of relying on contractors to provide the property needed for government contracts; (2) adequacy of management controls over contractor requisitions; and (3) adequacy of government oversight of property.

DOD's management of government property furnished to defense contractors: statement of Frank C. Conahan, Assistant Comptroller General, National Security and International Affairs Division, before the Committee on Governmental Affairs, United States Senate. (Book. Get this from a library.

Government property: DOD's management of the property it furnishes to contractors ; report to the Secretary of Defense. [United States. General Accounting Office.;]. DOD’s latest memo, now aimed at all Defense Agencies, the DOD Inspector General, Military Departments, DOD field activities and others, takes an all-hands-on-deck approach to addressing DOD’s property-related material weaknesses.

The memo directs Government personnel to improve internal controls over Government Property Management, and prescribes specific steps for. the Contractor’s property management plan(s), systems, procedures, records, and supporting documentation that pertains to Government property.

This access includes all site locations and, with the Contractor’s consent, all subcontractor premises. (2) Records of Government property shall be readily available to authorized Government personnel.

Government Furnished Property Memo Describes requirements for strengthening accountability and management of personal property owned by DoD Contractor Acquired Property (CAP) under Cost Reimbursement Contracts and Line Items To clarify DoD business rules for CAP Military Equipment Valuation Contractor Acquired Property Business Rule.

property to the contractor for use under the contract. Or, the contract might call for the contractor to produce—or fabricate—property for the Government. The contractor’s acquisition of property is regulated by FARGovernment Property; the applicable Cost Accounting Standards; and FARAllowa-ble Cost and Payment.

The Government relies on and requires its contractors to provide effective and efficient stewardship of the Government contract property (as defined at DoD Instruction ) in their custody. This stewardship responsibility, codified in the Federal Acquisition Regulation (FAR) and its associated DFARS clauses, is the subject of this Guidebook.

Comprehensive financial and material management of all accountable government property contributes to operational readiness and supports requirements for sustained auditability. All accountable government property be managed in accordance with DoD R and as augmented by the requirements of this issuance.

is a federal agency public website committed to providing quality information that is readily accessible to all. GAO Testimony on DOD’s Management of Gmwnment Property Furnished to Defense ContractoR require that contractors account for and safeguard government prop- erty in their possession.

Fourth, DOD and the services have not yet imple- mented financial accounting systems that. DoD Guides and Handbooks The DoD Guides and Handbooks listed below are a collection of the most frequently ones used in acquisitions.

Acquisitions Architecting Auditing CBA Contracts Cost Estimating DoDAF EVMS Financial Management Glossary Human System Integration Information Security Information Continue Reading→.

GAO found that: (1) DOD furnishes billions of dollars in property to defense contractors each year; (2) until Augustthere was no system in place for reporting the value of government property furnished to contractors; (3) although recent data show that the total amount of property on hand is about $26 billion, the figure may be larger.

Our company will serve as your accounting and government regulation compliance experts to ensure that your government property management system adheres to systems criteria recently implemented by the Department of Defense (DOD), and certain civilian agencies such as the Department of Energy (DOE) and National Aeronautics and Space Administration (NASA).

management of Government contract property in the custody of defense contractor s. Assist DoD property managers, program managers, contracting officers and other acquisition professionals, logisticians, and other officials in understanding their roles and responsibilities.

Cancel DoD M (Reference (e)). APPLICABILITY. DOD Contractors. The Military Service/Defense Agency Management Control Activity (MCA) is authorized to withdraw specific excess personal property from DLA Disposition Services sites for use as GFM/Government Furnished Equipment (GFE) to support officially stated contractual requirements per the DoD M.

Overview This chapter prescribes Department of Defense (DoD) accounting policy for general equipment including Government-Furnished Property (GFP) and Contractor-Acquired Property. Government furnished property is a bit of an umbrella term.

It refers to property used by a contractor during a DoD government contract. Government furnished property can be designated as either equipment or material. Government Furnished Equipment: GFE refers to tooling or equipment (including test equipment) that’s provided to a contractor.

subpart —management and operating contracts: subpart — interagency acquisitions: acquisitions by nondefense agencies on behalf of the department of defense: subpart —exchange of personal property: subpart —master agreement for repair and alteration of vessels: subpart Components and Contractors: The DoD Components shall: a.

Use electronic transactions when transferring Government property to a contractor and upon return of property to DoD. Require contractors to use the Wide Area Workflow (WAWF) to receipt property transfers or use DLMS standard logistic transaction set R, available on the DLMS.

The Defense Contract Management Agency (DCMA) eTools software application is the DoD data repository for reporting loss of Government property in the possession of contractors.

Department of Defense (DOD) InstructionAccountability and Management of DOD Equipment and Other Accountable Property, defines GFP as "any property. DoD Instruction requires DoD Components to establish accountable property records. The Federal Acquisition Regulation requires the contractor to create and maintain records of all Government property identified in the contract, including GFP and CAP, and to maintain a complete, current, auditable record of all property transactions.