With more than 45 years of experience serving independent telecom providers, JSI is a recognized leader in continuing property records (CPRs). Our knowledge and experience ensure your company can rely on accurate, user-friendly information from your CPR inventory. By organizing a detailed account of all company assets, JSI helps clients assess and manage their networks to enhance their capability to meet customers’ demands and position them a step ahead of the competition. A fully documented CPR system supports toll cost studies, business plans, regulatory requirements, as well as disaster recovery efforts and audit report monitoring.

A comprehensive CPR program is a valuable tool for all aspects of operational management. In recent months, the importance of CPRs has grown significantly for community based providers relying on federal universal service support. For political and budgetary reasons, regulators have mandated an accounting of the government dollars flowing as support to the companies serving America’s high-cost, rural areas. In almost no time, the FCC/OIG audits have generated a groundswell of controversy across the industry, as well as a vivid reminder of the importance of accurate accounting and recordkeeping.

In the course of the reviews, auditable financial books, records and, in particular, CPR data have been a key focus of the examiners. The FCC’s accounting rules mandate that CPRs be established and maintained for each primary account, and the audits have sought basic property records to ensure that the identity, vintage, location, and original cost of each unit are maintained. The FCC also requires that CPRs be auditable and equal in the aggregate to the total investment reflected in year-end financials. As a result, you must be able to document your capital expenditures from work order, to placement in service, to retirement, and devote considerable time and attention to accounting how you’ve used the support dollars you may have come to “expect” over the years.

JSI’s CPR service contains a complete record of all property units, including location, quantities, related costs, and equipment classification based on use. This kind of specific detail is not only required by FCC rules and federal auditors, but is also essential to the cost studies that support your revenue requirements and USF distributions. With JSI’s expertise, you can respond to any requests for property details and the corresponding invoice trail from GL entry to in-service verification. In addition, the CPRs will enable you to demonstrate that equipment is properly categorized based on its use and booked in the proper accounts.

Management’s need to identify all costs related to plant facilities is critical given the expansion and evolution of the facilities necessary to offer an increasing number of advanced services. JSI’s CPR services have always been important to clients’ successful operations; and as the federal audit process indicates, it remains just as important today. Finally, at a time when disaster response and recovery have become front-page news and critical parts of a company’s business plans, accurate CPRs provide a dependable listing of all equipment with its original cost. If disaster strikes, JSI’s CPR clients can rely on an accurate accounting of their lost assets to meet insurance requirements.

Thus, we’re confident that our broad range of services will meet all your CPR needs – your company’s central office, CATV, and support assets. We also maintain your existing databases, supplying the most current information when you need it. Our services include:

• Physical Inventories
• Database Creation, Conversion, and Maintenance
• Equipment Pricing
• Tracking Equipment Additions and Retirements

Maintaining an up-to-date CPR will allow you to:

• Reduce man-hours and costs in tracking inventory;
• Assist engineers;
• Quickly respond to audit inquiries and other information requests;
• Accurately price retirements;
• Ensure accurate recovery for disaster response planning;
• Provide detailed insurance documentation for the recouping of plant investment;
• Price inventory based on actual costs;
• Produce reports for management review; and
• Analyze investment by contract, year, work order, separations category, tax district, and account.

CPR Types

Central Office Equipment: A Central Office Equipment CPR (COE-CPR) is a detailed record of equipment in the central office and at remote sites.

Support Asset Equipment: A Support Asset CPR is a detailed account of land, vehicles, and other support assets, such as office equipment and computers.

CATV Equipment: A CATV CPR is a detailed account of wired or wireless CATV property units that include, but are not limited to, poles, cables, head ends, and dishes.

Training

JSI calls on its experienced CPR staff team to provide convenient on-site training for all CPR functions, including work order procedures, CPR database maintenance, and FCC plant accounting. Our professionals will work with your engineering, plant, and accounting staff to make sure they understand the importance of capturing all property costs and tracking assets. JSI has trained telco personnel in inventory and property records for almost 25 years. Through thorough instruction, JSI develops operational procedures that help your staff produce vital information that management needs for sound financial, business, and regulatory planning.

Physical Inventories

JSI will perform an on-site evaluation and inventory of the following:

• Central office equipment
• Other inside plant

CPR Database

• Convert existing databases from current software
• Create pricing inventories after physical inventories and database establishment are complete
• Reconcile to book with financial statements
• Perform annual CPR maintenance service

For additional information about CPRs, please contact Denise Whittington at 301-459-7590, or email dwhittington@jsitel.com.