Property Management System. System established by the Contractor that is used to manage GFP/GFE in its possession to control, use, preserve, protect, repair, and maintain.
Property Management System. If the supplier has Defense Contract Management Agency (DCMA) surveillance, the supplier may also submit a copy of the DCMA letter indicating approval of the Supplier's current Property Management System. This approval will be included as a mitigating factor in the suppliers risk assessment. Should the Supplier receive an inadequate rating during future DCMA Property Management System Analysis (PMSA), the Supplier must provide notice to GDLS-C no later than 30 days after notification of non-compliance.
Property Management System. The Government will not be issuing any property.
Property Management System. (OCTOBER 2015)
Property Management System. If you make a subaward under which the subrecipient either may acquire or improve equipment, or may be accountable for federally owned property, you must include in the subaward:
Property Management System. The Contractor shall establish a system to manage Government Furnished Equipment (GFE) in its possession to control, use, preserve, protect, repair and maintain. The Property Management System (PMS) must be adequate to satisfy the requirements of Property Management in accordance with (IAW) FAR clause 52.245-1 Government Property.
Property Management System. The Subawardee agrees to conduct physical property inventories, to maintain property records and necessary control procedures, and to provide adequate maintenance with respect to all equipment acquired under any Task Order to this Master Subaward. The Subawardee may develop and use its own property management system which must conform to all applicable state and local laws, rules, and regulations. If an adequate system for accounting in personal property owned by the Master Subawardee or its subcontractors, is not in place or currently in use, the Property Accounting System Manual issued by the State of Texas Comptroller of Public Accounts shall be used as a guide for establishing such a system.
Property Management System. Franchisor shall provide specifications -------------------------- for all hardware and related equipment and Franchisor or its designee shall license all required applications software for the Wyndham Hotel property management system ("PMS") to Franchisee. Franchisee shall, at its expense, install, maintain and use the PMS hardware and install and use all required software, including any future enhancements, additions, substitutions, modifications and upgrades at the Hotel as prescribed in the Manual.
Property Management System. The SUBCONTRACTOR shall establish, administer, and properly maintain a property management system that meets the requirements of Federal Acquisition Regulation (FAR) clause 52.245-1 for Government property in its possession under the Subcontract. The SUBCONTRACTOR's property management system shall, as a minimum, contain the seven (7) elements below and shall be maintained and administered in accordance with sound business practice, applicable Federal Property Management regulations, and such directives or instructions which the authorized procurement representative may prescribe.
Property Management System. The recipient's property management system shall include the following, for property that is Federally owned, and for equipment that is acquired in whole or in part with Federal funds, or that is used as matching share:
