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DAU Courses
IND 205 Contract Government Property Management Systems and Auditing Concepts
(Last Modified:24-Jan-2013)

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Description
This course will enable students to identify the factors that help determine the adequacy of a Contractor’s Property Management System. This will include fundamental auditing concepts. Course lessons will include material that will allow students to: determine how to select the sample size for a given population; determine how to evaluate the sample and generalize to the population; analyze the essentials required for a PMS audit; prepare the worksheets (i.e. spreadsheets) and narratives involved with a Property Management System Audit (PMSA); determine the requirements for the disposal of contract inventory; analyze a property management case study including background information, solutions, alternative solutions, and documentation. Other course modules will explain how and when the Government may take title to property under a contract; analyze the appropriate government property and related clauses that need to be included in a contract; examine a liability court case involving government property subject to the risk of loss provisions in a contract; analyze the regulatory requirements for possible contract conflicts; and examine the factors that will impact risk (high, moderate, low) within a Contractor’s Property Management System.
Objectives
In Development
Target Attendees
IND 205 is for Level II-certified industrial property management specialists and industrial plant clearance specialists, including property administrators and plant clearance officers in the GS-1103 series. It is highly recommended for production and quality assurance personnel involved with property administration. It may also be taken by contracting officers, program managers, auditors, and team leaders with significant property administration responsibilities.
Prerequisite(s)
Required:
  • IND 105, Contract Property Systems Analysis Fundamentals

    Recommended:
  • 1 year of property management experience after completing IND 105
  • Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
    Predecessor Predecessor Course Title PDS Code Accepted Until
    IND 200 Intermediate Contract Property Administration and Disposition BZQ 30-Sep-2014
    Course Length
    9.5 class days
    Additional Course Information
    Delivery Mode Resident
    Equivalent Courses None
    ACE Recommended Credits None
    PDS Code ZRD
    Additional Public Information N/A
    Continuing Education Units   0
    Continuous Learning Points  0
    Reservist Retirement Points  
    Historical Allocations Mouse Over for Past CEU/CLPs
    Notes
  • The class will visit several contractor facilities and observe the methods and processes used to manage their property and assets.
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