Managing Government Property

Concentrated training on the requirements for managing Government owned property (acquired property and furnished property) to ensure contractor and Government personnel will effectively manage the Property lifecycle per regulations and contractual requirements. This training will also include key points that will assist in resolving Property Management business system issues prior to occurrence. Includes point-by-point training on:

• Authority. Including allowability, allocability, and reasonableness
• Types of Government Property
• Item Unique Identification and other reporting requirements
• Self-assessments and Metrics
• Contractor obligations and Government responsibilities
• Property provided to Subcontractors
• Use of commercial practices, voluntary consensus standards or industry standards
• Understanding ownership and title on acquired property

Learning Objectives

Upon completion of this course, the participant should:

• PMSA Element 1 – Written Procedures
• PMSA Element 2 – Contractor Self Assessment
• PMSA Element 3 – Acquisition
• PMSA Element 4 – Receiving
• PMSA Element 5 – Discrepancies Incident to Shipment
• PMSA Element 6 – Identification
• PMSA Element 7 – Records
• PMSA Element 8 – Receipt and Issue System
• PMSA Element 9 – Physical Inventory
• PMSA Element 10 – Subcontractor Awards and Flow Down
• PMSA Element 11 – Subcontractor Reviews
• PMSA Element 12 – Reports
• PMSA Element 13 – Relief of Stewardship
• PMSA Element 14 – Utilization
• PMSA Element 15 – Declaration of Excess
• PMSA Element 16 – Consumption
• PMSA Element 17 – Movement
• PMSA Element 18 – Storage
• PMSA Element 19 – Storage Commingling
• PMSA Element 20 – Maintenance
• PMSA Element 21 – Disposal
• PMSA Element 22 – Property Closeout

Instructor: Sheryl K. Miller, Cy Alba, and Kevin Barnett, PilieroMazza