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  • Question

    Is there any other benefits from having an adequate property management system?


    The benefits of property management go beyond avoiding the consequences of not maintaining an adequate property management system [Ref FAR 9.104(e)], which include that the Government may revoke the assumption of risk for loss because the system presents an undue risk. The primary benefits for establishing an adequate system [Ref FAR 52.245-1(b)(1) are the outcomes that are realized by all concerned through the operation of best practices in an auditable manner.

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