[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR45]

[Page 823]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 45--GOVERNMENT PROPERTY--Table of Contents
 
  Subpart 45.5--Management of Government Property in the Possession of 
                               Contractors
 
45.502-2  Discrepancies incident to shipment.

    (a) Government-furnished property. If overages, shortages, or 
damages are discovered upon receipt of Government-furnished property, 
the contractor shall provide a statement of the condition and apparent 
causes to the property administrator and to other activities specified 
in the approved property control system. Only that quantity of property 
actually received will be recorded on the official records.
    (b) Contractor-acquired property. The contractor shall take all 
actions necessary in adjusting overages, shortages, or damages in 
shipment of contractor-acquired property from a vendor or supplier. 
However, when the shipment has moved by Government bill of lading and 
carrier liability is indicated, the contractor shall report the 
discrepancy in accordance with paragraph (a) above.