Government furnished equipment gfe far part 45 is equipment that is owned by the government and delivered to, or made available to a contractor. Generally, accountability is imposed by law, lawful order or regulation. The importance of accountability as a soldier of the worlds most powerful military force, the u. Accountability is the obligation of a military officer for keeping accurate record of property, documents, or funds. The determination of gfe is usually made by the government program manager pm and contracting officer. Gfp accountability and management is quite different from what military leaders and property managers were taught about accountability of unit. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
With simms inventory software, tracking your inventory of equipment and supplies becomes an automated process, saving time and improving performance. Equipment is generally moveable and may be more or less expensive than other equipment. Meva webcasts under secretary of defense for acquisition. The second key set of systems supports wip and military equipment valuation. Property accountability property accountability policies army regulation 7355 effective 9 december 2016 h i s t o r y. To make military equipment valuation a success, wawf must expand to include all military equipment and to capture governmenttoindustry, industrytogovernment, and some governmenttogovernment transactions that support the manufacture of military equipment end items. Latest equipment videos new military boot device may prevent ankle injuries aryse, a small business, has developed an ankle support that protects the joint as the user moves through rough. Usmc item unique identification ground equipment implementation plan november 12 unclassified 6 process, the serial numbers being used with the accountability system of record, and the systems used for tracking items within the military equipment valuation process. Military equipment valuation how is military equipment. As a soldier i must maintain constant accountability of my equipment and my. Responsibility and accountability are the proper care and use of personnel, equipment, and funds. Department of defence, dictionary of military and associated terms. Are intended or are available for use in military missions or training. This includes a application of an iuid mark to all accountable property and ground equipment items of supply.
Literature research and coordination efforts department of defense. Accountability of sensitive items essay 1010 words. Start studying military property accountabilitysupply management. Some sensitive items are your weapon, military id card, communication equipment, etcetera.
However, longstanding and pervasive financial management weaknesses have precluded dod from being auditable. T h i s p u b l i c a t i o n i s a n e x p e d i t e r e v i s i o n. Why is accountability important in the military by. Many different costs enter into the value of a general equipment asset. These procedures support the ability to trace rights and obligations, existence and completeness, and valuation of all donowned ge. Illustration omitted a major change is the military equipment valuation and accountability meva initiative, which is an ongoing department of defensewide effort to establish and maintain accurate and relevant financial accountability for the departments military equipment. Responsibility for reporting military equipment under the operational control of another entity, dated march 6. Property accountability property accountability policies. Military exploitation of reconnaissance and intelligence.
Ge including military equipment me assets that the. To achieve this goal accountability is an absolute necessity. It is not necessary that the person having accountability must have actual possession of the property, documents, or funds. Veterans affairs medical centers vamcs baltimore, fort howard, and perry point, and the baltimore rehabilitation and extended care center brecc. This report develops a methodology for measuring the capital value of military assets, and discusses two military capital measures. Implementation guidance for general equipment valuation, dated march 14, 2016, was incorporated into this chapter and cancelled. What is the abbreviation for military equipment valuation.
Mev abbreviation stands for military equipment valuation. Military discipline is founded upon selfdiscipline, respect for properly constituted authority, and the embracing of the professional army ethic with its supporting individual values. It is military exploitation of reconnaissance and intelligence technology. There are big ticket items like planes and missiles, firearms, basic it equipment and computers.
Military equipment valuation mev how do we deal with. Led all contract support team efforts in the areas of military equipment valuation and accountability, including preparation of all office of management and budget omb circular a123 appendix a. Assists staff and management at dla headquarters hq and the primary level field activities plfa with managing the general equipment business cycle from asset acquisition. Maintenance of weapons, vehicles, and equipment is a special soldier responsibility because of its importance to the success of all army missions. Military accountability army regulation 60020, chapter 4 military discipline and conduct, states.
Have an estimated useful life of two or more years. Peos and pms will field equipment using the same system that the tactical units use, thereby improving accuracy and accountability throughout the lifecycle process, which includes funding, distribution, fielding equipment, and unit status reporting benefited industry. Ensure all items meeting the criteria are iuid marked. If you work with or for the department of defense in the fields of acquisition, logistics, or financial management, you play an important role in the mev initiative. Major defense acquisition programs mdap are used to acquire, modernize, or extend the service life of the department of defenses dod most expensive assets, primarily military equipment. Simms military inventory management software is a proven software package that allowed you to track anything you can tag with a barcode label. Mike beccio lead associate booz allen hamilton linkedin. These terms are used by the united states army, navy, air force, and marine corps. T h e p o r t i o n s a f f e c t e d b y t h i s expedite revision are listed in the summary of change. Fashion accountability is the act of taking responsibility for that which falls under your domainin other words, its doing what you say youre going to do.
The office of the inspector general promotes integrity, accountability, efficiency, and improvement of department of defense dod personnel, programs and operations to support the departments mission and concerns with waste fraud and abuse of dod property and components. Our equipment valuation services can help you determine the fair market value and estimated useful life of both new and used assets for the purpose of sale or acquisition, identify the current residual value and economic life of leased assets, and establish or verify your appropriate insurance needs. S army, it is imperative that i demonstrate competence, efficiency, and professionalism at all times. The military equipment programs that are subject to valuation, capitalization, and depreciation. Dod military equipment valuation military equipment valuation mev. Merit military exploitation of reconnaissance and intelligence technology. Valuation 412, page 16 capital equipment 4, page 16 ii ar 7355 9 november 2016. Welcome to the first of two military equipment valuation or, mev training courses. However, for some categories of property, the department must continue to ensure all property assets are properly recorded in property systems, valued, and supported. Military forces have a wide range of equipment at their disposal. Everyone responsible for property accountability article. Since 1997, dod has been required to prepare audited financial statements. Military equipment valuation and accountability longterm goal achieve full compliance with statement of federal financial accounting standard no. Navair logistics requirements funding summary lrfs essentials.
A major change is the military equipment valuation and accountability meva initiative, which is an ongoing department of defensewide effort to establish and maintain accurate and relevant financial accountability for the departments military equipment. Accountability is the cornerstone of integrity, which is the result of consistent. Business administrative agencies defense programs financial management government agencies mechanization, military military equipment military paraphernalia military procurement. Greater visibility needed to better assess audit readiness for property, plant, and equipment.
The valuation of equipment includes all costs incurred to bring the general equipment to a form and location suitable for its intended use. Software specially designed for military use and specially designed for command, communications, control and intelligence c 3 i or command, communications, control, computer and intelligence c 4 i applications. This essay will be about the importance of keeping the accountability of sensitive items and how the accountability of sensitive items affects the unit. The dollar value will be supported by appropriate documentation. Dod financial management regulation volume 4, chapter 6.
The weapon systems acquisition reform act of 2009 p. Welcome to the first of two military equipment valuation. Navy did not develop processes in the navy enterprise. Military accountability essay example 2101 words bartleby. Trucks to transport materials and toilet paper for customer bathrooms are both examples of equipment. Additional actions needed to improve financial management of military equipment. Ar 7102 and ar 7355 both cover the army policy for property accountability. Accounting for government furnished property article. Fasab, allowing dod to forgo the valuation of existing land and software. It is critically important to understand the cost basis for military equipment so dod. In the united states, military vocabulary is standardized by the department of defence. Gfe is normally specified in a request for proposal rfp or contract. Equipment tangible assets that are peripheral to a companys operations but are nonetheless necessary. Dods challenges in performing basic financial and accountability functions are highlighted by its inability to prepare auditable financial statementsone measure of good financial management.
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