Executive Brief -- eQuip! for Government Property Management system

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eQuip! for Government Property Management-- Executive Brief

E-ISG Asset Intelligencewww.e-isg.com1-866-845-2416

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• What is asset management solution

• Competitive advantages of eQuip!

• How to buy eQuip!

• About E-ISG Asset Intelligence

Table of Content

• FAR requirements on Government Property Management system

• Current gaps in Government Property Management

• Why eQuip!

• About E-ISG Asset Intelligence

Table of Contents

• FAR 52.245-1 –Government Property

– (f)(1) Contractor plans and systems. Contractors shall establish and implement property management plans, systems, and procedures at the contract, program, site or entity level to enable the following outcomes . . .

Acquisition . .. Property Closeout . . .

– (g)(1) Systems Analysis. The Government shall have access to the contractor’s premises and all Government property, at reasonable times, for the purposes of reviewing . . .the Contractor’s property management plans. . .

• FAR 45.202 –Evaluation procedures– (b) The contracting officer shall ensure the offeror’s property management

plans, methods, practices, or procedures for accounting for property are consistent with the requirements of the solicitation

FAR requirements

Problems in the current system

Labor intensive

Inconsistency

Error prone

“The government and industry’s contractual responsibilities pertaining to accounting,

maintaining… and disposal of government property seems like a mundane subject.

However, it is actually an important issue, and one that is being overlooked as other

concerns get more attention recently.”

-- Michael P. Fischetti, J.D, CPCM, is executive director of the National Contract Management

Association

“Pentagon Holds Back Contractor Funds on Business Systems … amounts held back

include $19M from BAE, $6.2M from Boeing and $1.4 M from Northrop”

-- January 27th, 2014, Bloomberg

eQuip! -- the Solution

Enterprise Asset Management Government Property management

Life cycle management of assetsManage the financial , physical, and

contractual information of assetsTrack assets chain of custody Mobile apps on Android, iOS, and Win

MobileSupport 1D, 2D barcodes, RFID and GPS

tags

Track GFP/GFE/CAP and internal assetsManage multiple projects with multiple

partners Update with the IUID registry, and PCARSSDD 1149 and DD 250 are standard reportsMeet the FAR/DFAR requirements

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Key Benefits

Prevent asset loss, over purchase, or under-utilization

Comply with financial audits and accounting rules: fixed asset inventory audits, Sarbanes-Oxley, grant audits, GASB 34/35

Meet contractual requirements: FAR/DFAR, “Uniform Guidance”

Implement best practices in asset management

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Why eQuip! is Better

Easy to use

Flexible

Low Cost

Competitive AdvantagesIBM Maximo Sunflower

SystemsAssetWORKS AssetSmart A2B Asset

Tracking

Include core features in ONE software package – no separate modules

Easy customization – asset set up, reports, business rules

Easy integration with other software systems – Web APIs, database

Workflow automation

Return on investment

Mobility

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Leading Provider to Gov. Contractors

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eQuip! for Government Property Management-- Executive BriefE-ISG Asset Intelligence

www.e-isg.com1-866-845-2416