Budget Year (Year Zero) – Project Closure

Infrastructure Management (IM)

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Budget Year (Year Zero) – Project Closure

The Completion of a FACOPS Project will require the close of the Purchase Order (PO) account. If the works resulted in a capital improvement to the Commonwealth’s existing assets or a new asset is acquired, then the costs of the works must be capitalised in the Fixed Assets Register.

Outcome:
The Defence Fixed Assets Register is updated with the value of works undertaken through the delivery of FACOPS projects.

Activity

1) As soon as a capital project is completed (ie an asset is completed or enhanced) regional and national office personnel must complete the Notification of Asset Completion or Enhancement form so that the AUC value can be transferred to the Fixed Asset Register.

2) The final step is completing the FACOPS Project Completion Template ROMAN which compliments the Notification of Asset Completion or Enhancement form in ensuring all project AUC balances in ROMAN have been transferred to the Fixed Asset Register and changing the project status in ROMAN to closed

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