PCS 1201: Reporting Schedule for Government-Owned Property
To define a property reporting schedule for government-owned property and to include contractor responsibilities to government property administrators
Federal Acquisition Regulation § 45.502, 505–14
Property Control shall provide annually, or as a sponsor deems necessary, the total acquisition cost of government property for which ASU is accountable under each contract with each agency, including government property at subcontractor plants and alternate locations. ASU is directly responsible and accountable for all government property in accordance with the requirements of the contract. This includes government property in the possession or control of a subcontractor. The contractor shall establish and maintain a system in accordance with this subpart to control, protect, preserve, and maintain all government property. The system shall be reviewed and, if satisfactory, approved in writing by the property administrator.
The following classifications (property classifications may be varied to meet individual agency needs) shall be reported:
A chart defining the government inventory schedule follows.
|Lawrence Livermore National Laboratories||Spon||$5,000|
|Jet Propulsion Laboratories (JPL)||1018||$100,000|
|US Dept of Interior||Spon||$5,000|
|US Dept of Education||Spon||$5,000|
|US Dept of Energy||Spon||$5,000|
|US Dept of Defense||1018||$5,000|
|US Coast Guard||Spon||$5,000|
|Argonne National Labs||Spon||$5,000|
|Sandia National Labs||Spon||$5,000|
|Space Telescope Science Institute||Spon||$5,000|
The ASU sponsored property coordinator is responsible for preparing and submitting government-owned property reports annually by September 30.
The sponsored property coordinator will prepare and submit government-owned property reports as follows:
|Note:||For Department of Defense, NASA, or JPL, send an original to the Office of Naval Research and a copy to the agency.|
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