Four Things Contract Managers Need to Know about Government Property (GFP and CAP) Requirements
This White Paper is a “How To” guide, explains how contracts managers can focus on four things, in order to make sure they evaluate the risks and costs associated with the contract:
- Keep up to date on the specific FAR/DFARS changes concerning the management of Government Furnished Property
- Read the requirements in each proposal and understand whether your company’s existing business systems and staffing support these requirements
- Ask if your teaming partners or subcontractors have the business systems that support the requirements
- Proactively prepare for the DCAA/DCMA audit
After reading this White Paper, you can help your company in the following ways:
- Provide cost estimates in the RFP process more accurately
- Lower the cost by proactively finding cheaper solutions to manage Government Furnished Property effectively
- Perform well in DCMA/DCAA audits to maintain good standing in doing business with the Federal Government