Government Property Management is one of the 6 mandatory business systems for contractors, required by the Department of Defense. In theory, contractors should perform periodic self-assessments on these business systems, but they are not mandatory.
However, this might change soon. The Department of Defense (DOD) may be on the verge of imposing on contractors mandatory self-certification requirements for business systems.
This guide, written by Jackie Luo, former CEO of E-ISG Asset Intelligence, was published in the Oct’2014 issue of Contract Management magazine (a publication from the NCMA).
It provides some basic information about the FAR/DFARS requirements on Government Property Management system, some best practices and common challenges.