ABSTRACT
Property belonging to external providers is any property owned or provided by a customer or supplier for use or embodiment during the course of a contract. If externally provided property carries an identity that distinguishes it from other property, it will prevent inadvertent disposal or unauthorized use. Externally provided property may carry suitable identification but if not, labels, containers or other markings may be necessary to distinguish it from organization owned property. Where the externally provided property is in the form of property that could be inadvertently degraded, it should be segregated from other products to avoid mixing, inadvertent use, damage or loss. Also, when using externally provided property on the provider's premises, events may occur that result in damage or failure to the property. The external provider is responsible for the property they supply wherever it came from in the first place.
