GroundRules
41 CFR 101-27.404: -27.404 Review of items.
Where this section sits in the code
- Title 41—Public Contracts and Property Management
- Subtitle C—Federal Property Management Regulations System
- CHAPTER 101—FEDERAL PROPERTY MANAGEMENT REGULATIONS
- SUBCHAPTER E—SUPPLY AND PROCUREMENT
- PART 101-27—INVENTORY MANAGEMENT
- Subpart 101-27.4—Elimination of Items From Inventory
Except for standby or reserve stocks, items in inventory shall be reviewed periodically (at least annually) to identify those which are inactive and slow-moving. This review may be conducted coincidently with the normal replenishment or long supply reviews. The estimate of current or future requirements for an item shall be based on its recent history of recurring requirements. Standby items shall also be reviewed at appropriate intervals to substantiate their qualification for inclusion in that category.
Collected 2026-08-27T02:26:05Z. Source file · JSON