The next Semi-Annual Capital Property Review is scheduled to begin on August 1, 2012; the completion deadline is August 15, 2012. The list of items to be verified by the selected finance numbers will be sent out from National Materials Customer Service by email from “NMCS Autoreply” during the week of August 1, 2012.
The Semi-Annual Capital Property Reviews are a Sarbanes-Oxley Act (SOX) requirement. A list of finance numbers that receive a Semi-Annual Capital Property Certification Report but do not submit the report on time will be provided to senior management.
As needed, the Asset Accountability Service Centers (AASCs) will be contacting Headquarters, area, district, and local management to verify the points of contact for the upcoming August 2012 Semi-Annual Capital Property Review. Instructions on how to complete the Semi-Annual Capital Property Review will be available via a web link included in the email from NMCS Autoreply. The AASCs are also available to provide support and training upon request. Handbook AS-701, Material Management, is under revision; instructions and guidelines provided by the AASCs will supersede Handbook AS-701 where there are conflicts.
— Asset Management Performance & Accountability, Supply Management, 7-12-12
