Description: |
This system function includes record accountability and control for all property throughout its lifecycle from when the government takes title to possession of means. This function also enables the responsibility imposed by law, lawful order, or regulation, accepted by the Department for keeping accurate records, to ensure control of property, with or without physical possession. The responsibility, in this context, refers to the Departments fiduciary duties to protect the public interest. This function aids in establishing and maintaining the Department's formal property records, systems and financial records, in conjunction with the government property, irrespective of whether the property is in the Department's possession. |