Government Furnished Property What Is It???
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1 1 Government Furnished Property What Is It??? Barbara A Finnegan, CPPM CF
2 2 Government Furnished Property What Is It??? Agenda Introduction Topics Define GFP Acquisition Control of GFP Scheduling: receipt vs. production Increase in GFP Questions and Answers Conclusion
3 3 Government Furnished Property What Is It??? Property in the possession of, or directly acquired by, the Government and subsequently furnished to the contractor for performance of a contract.
4 4 Government Furnished Property What Is It??? Vocabulary Acquisition the act of procuring, transferring or fabricating property Special Tooling (ST) Tooling unique to the program Special Test Equipment (STE)- Test assemblies and components unique to the program Other Plant Equipment (OPE)/Facilities - (computers, etc) Equipment a tangible article of personal property that is complete in-and-of itself, durable, non-expendable, and need for the performance of a contract.
5 5 Government Furnished Property What Is It??? Vocabulary (con t) Agency Peculiar Property (APP) Property unique to the agency Unique Federal Property Government owned personal property that is peculiar to the mission of an agency Schedule When and what will be delivered or produced Production Building of the end product
6 6 Acquisition of Government Property GFP - Government Furnished Property Equipment Information (documents, specifications, software) COMSEC (equipment, keys, software, etc.) CA - Contractor Acquired Property identified in the contract or mod that is required to perform the contract by the contractor Property identified during the performance of the contract and approved ACO. ** **Note: Contracts under the new rule this does not apply
7 7 Acquisition of Government Contractor acquires property when Contract Specifically authorizes it or Contractor requests authorization from the PCO/ACO** Types of Acquisitions Purchase: contractor procures the necessary equipment or material. Fabrication: contractor makes the necessary equipment or tooling. Furnished: Buying agency provides or procures the required equipment or material. **Note: Contracts under the new rule this does not apply
8 8 Acquisition of Government Government Property - is property acquired (CAP) or furnished (GFP) in the performance of the contract. Title Property Acquired by the contractor ownership/title passes to the government when its delivered or time of payment by the customer.
9 9 Government Furnished Property (GFP) Any item that the Government (Agency) decides to furnish the Contractor. Types of GFP Material Equipment Test Plant equipment (Other Plant Equipment, Equipment) Tooling Services (use of facilities or personnel) COMSEC items Buildings Access to Facilities
10 10 Government Furnished Property (GFP) Method of receiving GFP Transfer of Property from an other government contract Agency provides property Purchasing it from another contractor Or provides it from government stores. Proposals List of available government and required property is submitted during the proposal process When contract is awarded the proposed property list becomes contractual.
11 11 Government Furnished Property (GFP) Control of GFP GFP list is contractual Must be maintained Tracked Reported Status Inventories Receipt Additions or Deletions require contract modifications Extensive GFP lists may require a database to monitor and track.
12 12 Government Furnished Property (GFP) Control of GFP (Cont d) Status Reporting to Program Management Receipt Meets Contractual Need Dates Meets production requirements Meets production schedule Inventory Financial Reporting DoD 1662 Property in Possession of Contractors (if required) Identifying all tag items equal too or greater then $5K Identifying a IUID number Inputting to the Public Registry Maintaining Public Registry information
13 13 Government Furnished Property GFP Scheduling, Receipt, Production Agency Furnishes COMSEC (hardware, keys and software) Material Equipment (STE, PE (Equipment)) Information CA GFP Schedule Meeting Schedule and Delivery Production Testing GFP Meets Form, Fit and Function GFP Delivery Schedule
14 14 Government Furnished Property (GFP) Scheduling, Receipt, Production Production Schedule Accurate Status of Delivery On time Early Late If Overdue or Slip in Delivery what are the impacts Production Schedule Cost
15 15 Government Furnished Property (GFP) Increase in GFP vs. Contractor Acquired Many Agency s are providing even more GFP to contractors Equipment Material Parts of the End Product Contractors dependent on: Government deliveries Government Scheduling with suppliers Equipment meeting form, fit and function Added Risk
16 16 Government Furnished Property (GFP) Summary Understanding of what GFP Additional requirements Scheduling impacts
17 17 Government Furnished Property (GFP)
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