[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 836]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 45--GOVERNMENT PROPERTY--Table of Contents
 
  Subpart 45.6--Reporting, Redistribution, and Disposal of Contractor 
                                Inventory
 
45.606-3  Acceptance.

    (a) Within l5 days after receipt of inventory schedules, the plant 
clearance officer shall review them, determine their acceptability, and 
request the contractor to correct any inadequate listings. Inventory 
schedules should not be rejected if the information is adequate for 
disposal purposes, even if complete cost data on work-in-process are not 
available. Rejection shall be limited, when possible, to specific items 
and shall not necessarily render the entire schedule unacceptable. If 
substantial errors are discovered that were not apparent on termination 
inventory schedules previously found acceptable, the final phase of a 
plant clearance period shall not begin until corrected schedules have 
been submitted, unless the plant clearance officer determines otherwise.
    (b) The plant clearance officer, with the assistance of other 
Government personnel as necessary, shall verify that (1) the inventory 
is present at the location indicated, (2) the inventory is allocable to 
the contract, (3) the quantity and condition are correctly stated, and 
(4) the contractor has endeavored to divert items to other work. The 
verification may be recorded on SF 1423, Inventory Verification Survey. 
The plant clearance officer shall require the contractor to promptly 
correct any discrepancies on the inventory schedule or resubmit the 
schedule as necessary.

[48 FR 42392, Sept. 19, 1983, as amended at 55 FR 25530, June 21, 1990]