Life-Cycle Tasks for Contract Property Management

Preaward

Provide assistance to the Program Manager, Contracting Officer, and Production Supply Manager to assist with the following pre-award tasks:

Performance

Conduct property administration, performance audits, interim disposal actions, and support partial terminations: 

Disposition

Close the contract property account:

• Assist in Construction of a Business Case for Property

• Support Solicitation with definitive information, clauses, and other terms to mitigate risks (for example, provide property "as-is" or with warrantees

• Support Source Selection by research of standards for control and an evaluation of contractors' property system plans and past performance

• Review Contract & Accept Assignments

• Establish Property Administration Records

• Report Contract Deficiencies (CDR) with recommendations

• Construct a Risk Analysis for stakeholders

• Establish Property Audit Objectives

• Plan a PMSA, data methods and elements, and schedule audit

• Conduct a PMSA and communicate results

• Respond to Reports of Property Loss

• Respond to Special Requests

• Dispose of Property that is no longer required during contract performance (Refer to Administer FAR 45.6)

• Require or waive final inventory

• Confirm updates to the  Property Record

• Assist with shipments

• Administer FAR 45.6 Disposal

• Coordinate Demilitarization

• Certify completion of all property actions

• Distribute history of property management