FINANCIAL MANAGEMENT
- Mission Technologies Inc I uses a Deltek Costpoint accounting system that is fully compliant by the Defense Contract Audit Agency (DCAA), Northern Ohio Branch Office, for accumulating and reporting costs on Government contracts.
- Mission Technologies Inc has a substantial line of credit sufficient to meet all contract financing obligations. A Letter of Credit can be provided upon request.
- Mission Technologies Inc has never missed any financial obligation � including payroll, retirement plans, and payables since its inception.
PROCUREMENT MANAGMENT
- Mission Technologies Inc maintains a Deltek Costpoint Purchasing Module and over 50 detailed procurement specific processes, procedures compliant with AS9100 and ISO 9001:2000 standards to ensure supplies, materials, or services, which are purchased by Mission Technologies Inc, conform to specified requirements.
- Mission Technologies Inc continually evaluates and re-evaluates Mission Technologies Inc suppliers, associate contractors, and consultants to maintain an approved suppliers list ensuring fair and reasonable prices and obtains the best value for all purchases.
- Mission Technologies Inc Deltek Costpoint procurement system has been reviewed and audited and has been found adequate for accumulating and tracking cost for Government contracts.
- Mission Technologies Inc will be passing a Government CPSR, thus obtaining “approved” purchasing system status as defined in FAR 52.244-2.
- Mission Technologies Inc’s Procurement Department is the point of contact between Mission Technologies Inc and Mission Technologies Inc’s subcontractors, suppliers, distributors, vendors, licensors, and other sellers.
PROPERTY MANAGEMENT
- Mission Technologies Inc’s Property Management System is divide into two major subparts.
– All types of U.S. Government property under Mission Technologies Inc’s control.
– All types of Mission Technologies Inc owned property and commercial Customer Furnished Property - The Property Management System is in accordance with FAR Subpart 45.5 and contractual requirements to control, protect, preserve and maintain all Government property in Mission Technologies Inc possession or control, including those items in the possession or control of subcontractors.
- Property Management procedures are maintained in an up to date status that meets the requirements of FAR Subpart 45.5 and contractual requirements.
- Mission Technologies Inc Property Management System covers: Acquisition; Receiving; Identification; Records; Movement; Storage; Physical Inventories; Reports; Consumption; Utilization; Loss, Damage, or Destruction (LDD); Maintenance; Subcontractor; Access; Disposition; Special Tooling and Test Equipment; and Contract Property Close-Out.
INTEGRATED PERFORMANCE MANAGEMENT
- Mission Technologies Inc’s Integrated Performance Management Manual provides a comprehensive description of Mission Technologies Inc’s processes and guidance for cost, schedule, and technical performance management and reporting, and for effective project execution using earned value management.
- The ANSI/EIA-748 standard is considered industry best practice and the standard for earned value management systems (EVMS).
- EVMS is designed to provide project managers with a tool to promote optimal planning, accurate reporting, and effective control through the standardization of processes used in project scope, schedule, and budget management.
- Committed to the successful implementation and execution of earned value management as a company business practice for management of Mission Technologies Inc contracts.
IMPORT / EXPORT COMPLIANCE MANAGEMENT
- Mission Technologies Inc has developed an Export Management & Compliance Program (EMCP) to ensure that our company’s exports, deemed exports, re-exports, transfers, and activities are transacted consistent with the U.S. Department of Commerce’s Export Administration Regulations (EAR) and the U.S. Department of State, Directorate of Defense Trade Controls’ International Traffic in Arms Regulations (ITAR).
- A vital part of an EMCP is the establishment of mechanisms within the company’s daily operational procedures that provide checks and safeguards at vulnerable points of the system.
- Mission Technologies Inc Management commitment to export compliance is the single, most important aspect of an effective export compliance program.
CONTRACTS MANAGEMENT
- Focal point for contracts and commitments; primary contact for coordinating and responding to Customer contract actions and requests.
- Facilitate development of self assessment and award fee criteria including team meetings, schedules, plans, and approvals.
- Ensure compliance with business conduct guidelines and applicable statutory and regulatory requirements.
- Management of Contract Funding (e.g. funding clauses, notices, modifications, and monitoring).
- Status and coordinate program goals & metrics.
- Coordinate and provide closeout issues to management, functional organizations and external customer.
- Monitor contract deliverables for completion and acceptance by the Customer.
- Complete all file closeout actions and records retention requirements.