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eQuip! for Government Property Management
-- Executive Brief
E-ISG Asset Intelligence
www.e-isg.com
1-866-845-2416
• What is asset management solution
• Competitive advantages of eQuip!
• How to buy eQuip!
• About E-ISG Asset Intelligence
Table of Content
2
• 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 assets
 Manage the financial , physical, and
contractual information of assets
 Track assets chain of custody
 Mobile apps on Android, iOS, and Win
Mobile
 Support 1D, 2D barcodes, RFID and GPS
tags
 Track GFP/GFE/CAP and internal assets
 Manage multiple projects with multiple
partners
 Update with the IUID registry, and PCARSS
 DD 1149 and DD 250 are standard reports
 Meet the FAR/DFAR requirements
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
7
Why eQuip! is Better
 Easy to use
 Flexible
 Low Cost
8
Competitive Advantages
IBM Maximo Sunflower
Systems
AssetWORKS 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
9
Leading Provider to Gov. Contractors
10
11
eQuip! for Government Property Management
-- Executive Brief
E-ISG Asset Intelligence
www.e-isg.com
1-866-845-2416

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Executive Brief -- eQuip! for Government Property Management system

  • 1. 1 eQuip! for Government Property Management -- Executive Brief E-ISG Asset Intelligence www.e-isg.com 1-866-845-2416
  • 2. • What is asset management solution • Competitive advantages of eQuip! • How to buy eQuip! • About E-ISG Asset Intelligence Table of Content 2
  • 3. • FAR requirements on Government Property Management system • Current gaps in Government Property Management • Why eQuip! • About E-ISG Asset Intelligence Table of Contents
  • 4. • 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
  • 5. 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
  • 6. eQuip! -- the Solution Enterprise Asset Management Government Property management  Life cycle management of assets  Manage the financial , physical, and contractual information of assets  Track assets chain of custody  Mobile apps on Android, iOS, and Win Mobile  Support 1D, 2D barcodes, RFID and GPS tags  Track GFP/GFE/CAP and internal assets  Manage multiple projects with multiple partners  Update with the IUID registry, and PCARSS  DD 1149 and DD 250 are standard reports  Meet the FAR/DFAR requirements
  • 7. 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 7
  • 8. Why eQuip! is Better  Easy to use  Flexible  Low Cost 8
  • 9. Competitive Advantages IBM Maximo Sunflower Systems AssetWORKS 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 9
  • 10. Leading Provider to Gov. Contractors 10
  • 11. 11 eQuip! for Government Property Management -- Executive Brief E-ISG Asset Intelligence www.e-isg.com 1-866-845-2416