DD Form 2543 – Government Furnished Material (GFM) Status Report

DDFORMS.ORG – DD Form 2543 – Government Furnished Material (GFM) Status Report – The DD Form 2543 is a critical document in the realm of government procurement and contracting. As part of the Government Furnished Material (GFM) Status Report, it serves as a comprehensive record that details the status and availability of materials provided by the government to contractors for use in various projects. This article aims to explore the significance of DD Form 2543, its purpose, and its role in ensuring effective communication between government agencies and contractors involved in material-intensive ventures. By delving into its specific sections and key elements, we can gain a deeper understanding of how this form facilitates transparency, accountability, and efficient management of taxpayer-funded resources throughout the procurement process.

Download DD Form 2543 – Government Furnished Material (GFM) Status Report

Form Number DD Form 2543
Form Title Government Furnished Material (GFM) Status Report
Edition Date 9/1/1999
File Size 50 KB

What is a DD Form 2543?

The DD Form 2543, also known as the Government Furnished Material (GFM) Status Report, is a document used by the Department of Defense (DoD) to track and report the status of government-provided materials and equipment. This form is primarily used in contracts where the government supplies certain items necessary for completing a project or task. The purpose of DD Form 2543 is to ensure accurate inventory control, accountability, and visibility of GFM throughout its lifecycle.

The GFM Status Report contains essential information such as the contract number, project name, item description, quantity received, quantity issued or consumed, balance on hand, and any discrepancies noted during inspections or audits. Contractors are required to complete this form periodically or upon request from government officials. It serves as a tool for both parties to monitor the use and condition of GFM during contract performance.

By utilizing DD Form 2543 effectively, the DoD can enhance its oversight and management of government-furnished materials while ensuring contractors comply with their obligations regarding inventory control and reporting requirements. This document plays a vital role in maintaining transparency between contractors and government agencies involved in projects requiring GFM provisions.

Where Can I Find a DD Form 2543?

If you are searching for a DD Form 2543, the Government Furnished Material (GFM) Status Report, there are several places where you can find it. Firstly, one of the easiest ways to obtain this form is by visiting the official website of the Department of Defense (DoD). They provide a comprehensive collection of forms and documents that are commonly used within the military and government agencies.

Another option is to reach out to your local military installation or base. They typically have resources available for service members and civilian employees who need access to various forms, including the DD Form 2543. The installation’s administrative office or personnel department should be able to assist you in locating and obtaining this particular form.

Lastly, if you have connections within the military community or know someone who works closely with government contracts, they may be able to provide guidance on where to find a DD Form 2543. Networking within your professional circles can often lead you to individuals with knowledge and experience in navigating bureaucratic processes such as acquiring specific forms like this one.

DD Form 2543 – Government Furnished Material (GFM) Status Report

The DD Form 2543 is a crucial document used by the government to track and manage Government Furnished Material (GFM) throughout its lifecycle. The GFM Status Report provides detailed information about the status and condition of GFM items, allowing the government to effectively monitor their utilization and ensure accountability. This report includes essential details such as the item’s identification number, description, current location, quantity on hand, and any actions taken regarding repair or disposal.

By maintaining an accurate GFM Status Report, the government can streamline procurement processes, avoid unnecessary purchases, and reduce costs associated with lost or damaged materials. This report is typically updated regularly by individuals responsible for managing GFM within a specific organization or department. It serves as a valuable tool for decision-making purposes since it helps identify potential issues with material availability or distribution that may impact project timelines or operational effectiveness.

Moreover, the GFM Status Report plays a vital role in audit processes conducted by external agencies to ensure compliance with legal and regulatory requirements governing government-furnished materials management. By having comprehensive records readily available through this report, organizations can demonstrate transparency in their handling of GFM items and provide evidence of proper oversight. Overall, the DD Form 2543 – Government Furnished Material Status Report is an indispensable resource for the efficient management of resources provided by the government to support various projects and missions.

DD Form 2543 Example

DD Form 2543