Personal Property Management Systems (PPMS) Regulatory Compliance
NAICS: 541519 – Other Computer Related Services
Justification and Impact Statement
In compliance with mission essential regulatory 40 U.S. Code § 521 - Policies and methods, 40 U.S. Code § 543 - 545 - Method of disposition, Validity of transfer instruments, Procedure for disposal, 40 U.S. Code § 549 - Donation of personal property through state agencies, 40 U.S. Code § 549a - Donation of personal property through nonprofit refurbishers, and 5 U.S. Code § 7342 - Receipt and disposition of foreign gifts and decorations, the U.S. General Services Administration is responsible for managing the disposal of federal personal property under Federal Acquisition Services, Office of General Supplies and Services.
Personal Property Management System (PPMS) helps federal agencies dispose of everything from office equipment and furniture to vehicles – such as trucks, planes, and boats – to scientific devices, heavy machinery, and even animals through donation or sale to the public. PPMS Manages the disposition of excess and surplus personal property through utilization, donation, and sales, manages the sale of surplus, exchange sale and forfeited property excluding counterfeit properties, manages property requiring special handling, such as export controlled property and hazardous materials, and manages special programs such as foreign gifts, donated firearms, Treasure Trove, and the Computers for Learning website by providing the services, expertise, and systems that ensure timely, effective, and efficient disposition of the federal government’s excess and surplus personal property assets, yielding the greatest return on investment to the taxpayer, at the least cost to our environment. Federal property managers save millions of taxpayer dollars annually and reduce the federal government’s expenditure through waste prevention and waste management.