- 4110.1 The contractor's property control records shall constitute the District's official property records unless an exception has been authorized by the Director.
- 4110.2 The contractor shall establish and maintain adequate control records for all District property, including property provided to, and in the possession or control of, a subcontractor.
- 4110.3 The property control records specified in §§4110 and 4111 shall be the minimum required by the District.
- 4110.4 Unless the contracting officer directs otherwise, when a subcontractor has an approved property control system for District property provided under its own prime contracts, the contractor shall use the records created and maintained under that system.
- 4110.5 The contractor's property control system shall provide financial accounts for District owned property in the contractor's possession or control.
- 4110.6 The property control system shall be subject to internal control standards and shall be supported by property records for all property.
- 4110.7 The records shall be safeguarded from tampering or destruction and shall be accessible to authorized District personnel.
- 4110.8 The contractor shall maintain separate property records for each contract. However, the contractor may maintain a consolidated property record if it provides the required information and is specifically authorized by the contracting officer.
- 4110.9 The contractor's property control system shall contain a system or technique to locate any item of District property within a reasonable period of time.
SOURCE: Final Rulemaking published at 35 DCR 1741 (February 26, 1988).