Contractor Business Systems Series: Part 6 – Property Management System

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 requirementsBest practices and processes for handling government propertyPolicies, procedures and documentationFlow down requirements to subcontractorsCommon pitfallsDisposal of government propertyOther integral Business Systems requirementsIf you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you. Contact usIf you haven’t already, catch up on the series:Contractor Business Systems Series: Part 1 – ApplicabilityContractor Business Systems Series: Part 1 – Accounting SystemContractor Business Systems Series: Part 3 – Cost Estimating System RequirementsContractor Business Systems Series: Part 4 – Purchasing SystemContractor Business Systems Series: Part 5 – Earned Value Management SystemCherry 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.View all Government Contracting Podcasts