There is big news for property managers coming out of Washington, in the form of a DFARS final ruling. Effective immediately, all serialized GFP, regardless of acquisition value, must be reported. This is not surprising, as it eliminates ambiguity, the purpose of IUID in the first place. The ruling provides further proof of DoD’s intent to eliminate waste through visibility. This gives property managers a compelling reason to put an IUID on virtually all property, but they should be comforted with the knowledge that the auto ID infrastructure must now support them. Below is language taken directly from the National Property Managers Association e-newsletter, along with a link to the DFARS document.

Defense Federal Acquisition Regulation Supplement: Reporting of Government-Furnished Property (DFARS Case 2012-D001) ACTION: Final rule. Effective Date: August 29, 2012

DoD is issuing a final rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to revise and standardize reporting requirements for government-furnished property.

The final rule alters the requirements of the current clause, which requires defense contractors to report (primarily) government-furnished equipment items valued at $5,000 or more, to a new requirement to report all serialized government-furnished property regardless of unit acquisition value. The revised reporting requirement includes electronic receipt requirements, which will be expanded to non-serialized items by 2014.