41 C.F.R. § 109-27.5003   Stock control.


Title 41 - Public Contracts and Property Management


Title 41: Public Contracts and Property Management
PART 109–27—INVENTORY MANAGEMENT
Subpart 109–27.50—Inventory Management Policies, Procedures, and Guidelines

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§ 109-27.5003   Stock control.

(a) Stock control shall be maintained on the basis of stock record accounts of inventories on hand, on order, received, issued, and disposed of, and supported by proper documents in evidence of these transactions. Stock record accounts shall be available for review and inspection.

(b) Personal property under stock control for greater than 90 days shall be maintained in stock record accounts.

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