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

Instructor: Chris Wade