On April 30, 2019, a long-time exception to the use of the Federal Acquisition Regulation (FAR) clause 52.245-1 was removed. Now, small government contractors must comply with property management regulations usually reserved for the largest contractors. Large contractors use high-end enterprise asset management (EAM) systems that small contractors cannot typically afford.
Miniaturized enterprise asset management (mEAM)
MyPropertyID is a U.S. company founded in 2016 to resurrect Operation ID – a security system developed by police in 1963 and released nationally by the Department of Justice and endorsed by the FBI in 1979.
MyPropertyID, using the Federal Acquisition Regulation (FAR), delivers a Defense Federal Acquisition Regulation Supplement (DFARS) compliance solution for a one-time fee based on the number of managed assets. It is a simple, low-cost way to manage government furnished property (GFP).
Help for small government contractors
Help is here for small government contractor and tiny defense subcontractors. Using the government property clause, FAR 52.245–1, in conjunction with the following associated DFARS clauses, creates an electronic, end-to-end process for GFP management.
- 252.245–7001, tagging, labeling, and marking of government-furnished
- 252.245–7002, reporting loss of government property
- 252.245–7003, contractor property management system administration
- 252.245–7004, return of property
- 252.211–7003, assigning item unique identification (IUID)
- 252.211–7007, reporting of government-furnished property
Public information concerning DFARS Case 2015-D035
2016-09-16 “Changes in Government Property Reporting”
2016-10-21 Federal Register
2016-12-20 National Defense Industrial Association (NDIA)
2019-04-30 Federal Register
2019-05-22: National Property Management Association (NPMA)