Government Property Management System is one of the six systems covered by the Department of Defense’s (DoD) Contractor Business Systems. In this sixth episode of Cherry Bekaert’s podcast mini-series on each of the six Contractor Business Systems, Eric Poppe, a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, and Brendan Halloran, a Senior Manager in the Firm’s GovCon practice who previously was a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA), discuss the requirements for a Contractor Property Management System, 252.245-7003, and when it is required.
Listen in to find out about:
- Property Management Systems and their requirements
- Best practices and processes for handling government property
- Policies, procedures and documentation
- Flow down requirements to subcontractors
- Common pitfalls
- Disposal of government property
- Other integral Business Systems requirements
If you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you.
Cherry Bekaert’s Government Contracting Industry advisors are well versed in Business Systems requirements and complex control environments. We guide contractors in developing and maintaining compliant Business Systems, performing systems assessments, providing audit support and preparing contractors for audits or reviews by the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA) or other cognizant agencies.
If you haven’t already, catch up on other parts of the series:
- Contractor Business Systems Series: Part 1 – Applicability
- Contractor Business Systems Series: Part 2 – Accounting System
- Contractor Business Systems Series: Part 3 – Cost Estimating System Requirements
- Contractor Business Systems Series: Part 4 – Purchasing System
- Contractor Business Systems Series: Part 5 – Earned Value Management System
- Contractor Business Systems Series: Part 7 – Material Management and Accounting System
- Contractor Business Systems Series: Part 8 – Navigating Business Systems Audits and Reviews
- Contractor Business Systems Series: Part 9 – Navigating Review and Audit Findings
