Government Property Management and Accountability
This course provides federal agency employees with a practical understanding of the policies, procedures, and oversight responsibilities associated with managing and accounting for government-owned property and assets. Participants will gain a working knowledge of the regulatory framework governing Government property management, including FAR Part 45 and FAR Clause 52.245-1, Government Property, as well as the roles and responsibilities of agency personnel involved in acquisition, program management, logistics, asset management, and contractor oversight. The course examines the full government property lifecycle — from acquisition and receipt through utilization, inventory management, maintenance, reporting, and disposition. Participants will also explore common property management challenges in decentralized and field-based environments, including inventory discrepancies, improper utilization, loss prevention, contractor accountability, and audit findings. Through practical discussions, agency-relevant scenarios, and real-world examples, participants will strengthen their ability to support effective property oversight, maintain accurate documentation, improve compliance, and reduce organizational risk. Upon completion, participants will be able to: • Describe the purpose and importance of Government property accountability within agency operations • Identify the regulatory framework governing Government property management, including FAR Part 45 and applicable federal requirements • Distinguish between Government-furnished property (GFP) and contractor-acquired property (CAP) • Explain the roles and responsibilities of agency personnel involved in property accountability, contractor oversight, and asset management • Apply property management principles throughout the Government property lifecycle • Identify internal control practices that support accountability, audit readiness, and risk mitigation • Recognize common property management deficiencies and implement corrective actions • Apply procedures related to loss, damage, destruction, theft, and reporting requirements • Support accurate property documentation, inventory reconciliation, and audit preparedness
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Federal Human Resources (HR) Functions
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