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Concentrated training on the information and skills needed by contractor and Government personnel to effectively use and manage Government furnished property and the keys to resolving property-related disputes and claims. Includes point-by-point training on:

  • The authority to furnish property.
  • Categories of property.
  • Competitive advantage issues.
  • Liability for late or defective property.
  • Contractor obligations
  • Government responsibilities.
  • Pricing claims and adjustments related to GFP.
    ... and more.

The Federal Government supplies billions of dollars worth of Government-furnished property (GFP) to contractors for use in performing contracts. Government property generally falls into one of several categories: (1) material; (2) special tooling; (3) test equipment; (4) property designed for military operations; and (5) facilities used for production, maintenance, research, development, or test purposes. Further, Government property can take the form of data or information required for contract performance.

Regardless of the situation, important rights and obligations, both for the Government and the contractor, come into play when Government property is involved. And, the potential is created for a wide variety of contract disputes. Who, for example, is responsible when late or defective GFP affects the contractor's performance? What preconditions must contractors meet to be entitled to recovery? Who is responsible for the loss, damage or destruction of GFP? And, once liability is established, what methods may be used to price the claim? These issues, and more, will be covered in this specially developed program.

This course is designed to supply the information and skills needed by contractor and Government personnel to effectively manage and resolve GFP issues. Contracting Officers, program managers, and legal advisors will benefit from the analysis of Government responsibilities in furnishing GFP to contractors, training on liabilities for lost or damaged property, and the analysis of competitive advantage, risk of loss, and pricing GFP claims and adjustments.

Further, the program will cover the legal issues and significance of the different types of GFP, as described in the FAR; and will cover all of the recent developments and proposed changes to GFP rules and requirements.

Learning Objectives:
After completing this course, you will know how to

  • Determine and identify the categories of furnished property
  • Demonstrate your knowledge of statutes and limitations of GFP
  • Detect and identify GFP in a Contract
  • Correctly identify GFP based on circumstances
  • Articulate the FAR definition of GFP
  • Retain and document post performance retention of RFP
  • Develop a plan for pricing claims and adjustments 
No upcoming dates/locations at this time
8:00 AM - 3:00 PM
Hilton Head, SC and Las Vegas, NV
Government Property Management System Training
Subject Area

and Receive Training Materials

Introduction/Agenda/Procurement Policy and Procedures
Overview of Agenda by CohnReznick

Government Property Management System Training
Subject Area

and Receive Training Materials

Introduction/Agenda/Procurement Policy and Procedures
Overview of Agenda by CohnReznick

What is Government Property?
  • Government Furnished vs. Contractor-Acquired
  • Equipment vs. Material vs. Property
  • Title vs. Lease
Classifications of Government Property
  • Material
  • Equipment
  • Special Tooling
  • Special Test Equipment
  • Real Property

Break (15 minutes)

Importance of Having an Approved Property Management System
  • DFARS Requirement
  • Liabilities
What to Expect in a DCMA Property System Audit
  • Risk Assessment
  • Policy and Procedures Review
  • Testing of Select Property Management Processes
  • Interview of Contractor Personnel


Property Management Processes and Outcomes
  • Roles and Responsibilities
  • Receipt of Government Property
  • Identification of Property
  • Movement of Equipment
  • Utilization
  • Maintenance
  • Subcontractor Control
  • Storage
  • Cyndi Dunn
    Senior Director at RSM US LLP
    Cyndi currently serves her clients in the federal contracting and grantee spaces providing consulting on a vast range of issues including accounting systems design and compliance, contract management, Contractor Purchasing System Review (CPSR), FAR, CAS compliance, Service Contract Act (SCA) complia...
  • Rebecca Kehoe
    Manager, CohnReznick
    As a Manager in CohnReznick’s Government Contracting and Technology Group, Ms. Kehoe has more than 30 years of experience addressing compliance issues for government contractors. She consults with small and medium-sized businesses providing all aspects of federal contract compliance, including...
See Individual Courses For Available Credits
Certificates of Completion are provided to all seminar participants who attend Federal Publications Seminars courses following the event, upon request.
CPE: Continuing Professional Education
Field of Study: Specialized Knowledge
Delivery Method: Group-Live Classroom
Federal Publications Seminars is affiliated with West Professional Development and is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
CPE Hours
This program is eligible for: 13.0 (CPE) hours of credit
Program Level: Basic
Program Prerequisite: None
Advance Preparation: None
Method: Group-Live
CLP: Continuous Learning Points
Approved for CLP by Defense Acquisition University
Defense Acquisition Workforce members must acquire 80 Continuous Learning Points (CLP) every two years from the date of entry into the acquisition workforce for as long as the member remains in an acquisition position per DoD Instruction 5000.66. We will provide you with documentation of points awarded for completing the event.
CLP Hours
This program is eligible for: 11.0 (CLP) hours of credit
CLE: Continuing Legal Education
States have widely varying regulations regarding MCLE credit. LegalEdcenter is an approved provider in AL, AK, AR, CA, GA, IL, ME, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, and WV. Credit may be applied for in other jurisdictions on request and in accordance with state MCLE rules.
Please note that because some states are changing their policy on CLE reporting, you will need to fill out the request for credit from Federal Publications Seminars within 10 business days, or we may not be able to issue credits for the program.
CLE Hours
This program is eligible for: 11.0 (60 minutes), 13.0 (50 minutes)
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