This document discusses property management in the context of a class on the subject. It covers key topics like the government property clause, definitions of different types of property, sources of property data, acquisition documents, required property management processes, the role of regulations and policies, and core components of an effective property management system. It emphasizes the importance of control, protection, preservation and maintenance of property.

1. Property Management
•Name: Davinder Jassal
•Class: BHMCT
•Roll No: 1833440
•Sem: 7th

2. Property Management
• The “Property” Clause
• 52.245-1 “Government Property
(Apr 2012)
o Addresses the following
• (a) Definitions
• (b) Property Management
• (c) Use of Government Property
• (d) Government-furnished Property
• (e) Title to Government Property
• (f) Contractor Plans and Systems

3. Property Management :
• The “Contract”
• What is a Contract?
o “An agreement between two or more
parties, creating obligations to do or not to
do something, that are enforceable or
otherwise recognizable by law…”
Black’s Law…

4. Property Management
 Property Management is the Management of
Data
 The effectiveness of that
management is a direct reflection
on the adequacy of the system
 The efficiency of that management
is a direct reflection of the level of
contribution to the system

5. Property Management
• Contractor plans & systems
o Enabled process outcomes:
Acquisition
Receipt
Records
Physical Inventory
Subcontractor
control
Reports
Relief of
Stewardship
Utilization
Maintenance
Property closeout

6. Property Management 101:
Defense
• Acquisition “Source” Documents
o Based on “Method”:
FURNISH
ED
LOANED PURCHAS
ED
FABRICAT
ED
LEASE
RENTED
REUTILIZ
ED
TRANSFERR
ED

7. Property Management 101:
Defense
• Sources of Asset Data:
Description; Part #
Location
Contract #
Unit of Measure
Acquisition Cost
Date Placed in Service
Quantity Received
Purchasing
Receiving / Inspection
Warehouse / Using Org
P.O. / Receiver
Asset
Facilities
Contracts

8. Government Policies & Regs.
• Sources Of Procurement Law
• Statutes
• Executive Orders
• Decisions
• Decision Process Governed By
Regulations
• FAR
• Supplements
• Office Of Federal Procurement Policy
(OFPP)

9. Federal Acquisition Regulation (FAR)
Public Law 93-400
Office of Federal
Procurement Policy (OFPP)
Act of 1974
Amended by Public Law 96-83
and OFPP Letter dated August
19, 1985
Our roots are found in LAW!!!

10. • More about roots! The basis or roots for all
property control systems should be C.P.P.M.
• Not NPMA’s CPPM, but…..
CPPM
Control
Protect
Preserve
Maintain
Cornerstones of a PM

11. The Property Mgmt. System
• The System Integrator
• The magnet that draws all functional areas
together
• Security, Purchasing, Subcontracts, Quality,
Training, Information Services, Accounting,
Production, Planning, and the list goes on

12. Core Team for
Property Management
Property Management Processes
Property
Management
Office Program
Management
IT Staff
Custodians
and
User
?????
Sponsors
A Winning Combination!

13. Unless otherwise stated...
Property means:
Real property,
equipment,
intangible property
and debt
instruments.
Property Management
Definition

14. Property Management
Now that we have it, what do we
have to do and how?
Track it
Financial Implications
Maintenance
Reporting
Subcontracting
Audits
LD&D and other liability You said it
was where?

15. Definitions
Government Furnished Property (GFP) “means property in the
possession of or directly acquired by the government and
subsequently made available to the contractor.
Contractor Acquired Property (CAP) “means property acquired
or otherwise provided by the contractor for performing a contract
and to which the government has title.
Government Property (GP) “means all
property owned by or leased to the government or acquired
by the government under the terms of the contract.”
FAR
45.101

16. Reports
Records
Maintenance
Use
Storage
Movement
Like records, reports touches all
facets of our Property Control
System, for example...
Subcontracts Consumption Identification
Inventory Receiving