White Paper

4 Things Contract Managers Need to Know about GFP and Cap Requirements

Four Things Contract Managers Need to Know about GFP Requirements

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This White Paper is a “How To” guide on the four things contracts managers should focus on in order to meet government contract requirements:

  1. Keep up to date on the specific FAR/DFARS changes concerning the management of Government Furnished Property
  2. Read the requirements in each proposal and understand whether your company’s existing business systems and staffing support these requirements
  3. Ask if your teaming partners or subcontractors have the business systems that support GFP requirements
  4. Proactively prepare for the DCAA/DCMA audit

After reading this White Paper, you will be able to help your company by:

  • Providing more accurate cost estimates in the RFP process
  • Lowering overall costs by proactively finding cheaper solutions to manage Government Furnished Property effectively
  • Performing well in DCMA/DCAA audits to maintain good standing in doing business with the Federal Government