Contract Property
Management
When accepting government property for use on a contract, organizations are subject to
regulatory requirements that have had signifi cant recent changes. The evolving landscape
provides contractors with an opportunity to streamline and improve their property management
procedures, but also brings with it new reporting requirements and a somewhat uncertain audit
future. With organizations needing to comply with the 2007 changes to FAR Part 45, its
associated property clauses and the Department to Defense’s IUID initiative, government
contractors are looking for solutions that provide compliance as an outcome of their everyday
government property management activities.
Sunfl ower Systems is the asset management solution for
both the present and the future of contract property
management. The Sunfl ower solution provides superior
customer and management reporting, ease of use, a world
class technology infrastructure and the fl exibility to meet
changing needs and evolving requirements. The
Sunfl ower solution is designed to support government
property management including:
Acquisition, use and disposal
•
The DoD IUID initiative
•
NASA and DoD fi nancial reporting
•
Audit preparation and support
•
Contract property management that supports mission goals,
program and customer objectives and regulatory requirements.
Benefi ts of Sunfl ower Solution
Life Cycle Property Management
Record all required data elements for government property items
•
Transfer property from contract to contract, or to customers or subcontractors
•
Capture transaction information and associate document references on changes to
•
property records
Import data on new programs and acquisitions
•
Physical
accountability from
a single web-based
system
Track multiple types
of property
Capture transaction
history to support
government audits
Physical inventory
and integrated
barcode scanner
Integrated IUID
compliance
Managing Contract Property with Sunfl ower
Sunfl ower offe