INSTRUCTIONS 1. PREPARATION OF SCHEDULE-The number of copies to be prepared will be specified by the Government representative or contractor from whom the Termination Notice was received. Columns 1 through 12 should be filled in immediately on all copies to the extent practicable without unduly delaying submission of the inventory schedule. Columns 5, 6, 7, and 8 will not be filled in for Government-owned property. The inventory schedules will be used for the following purposes: PROPERTY DISPOSITION COPIES are to be mailed to the Government representative named in the Termination Notice (if you are a prime contractor), or to the contractor from whom you received Notice of Termination (if you are a subcontractor) as soon as the inventory information has been entered. CONTRACTOR'S OWN CHARGES SCHEDULE COPY is to accompany your charge schedule (Form B-1 or B-2). It will not be necessary to prepare this copy for Government-owned property. CONTRACTOR'S SETtlement Proposal COPIES, one of which is the original, will accompany your Contractor's Settlement Proposal (Form A-1). By this time, such inventory as will be disposed of by your firm will have been sold, retained, or otherwise disposed of, and the disposal information entered in columns 13 and 14 as provided in the columnar instructions. CONTRACTOR'S FILE COPY should be maintained for your records showing the same information as the original. CERTIFICATE This is to certify that the inventory described on the face of this schedule consists of items properly allocable to the contract, that the quantities are not in excess of the reasonable quantitative requirements of the terminated portion of the contract, and that the offers indicated in column 12 are fair and reasonable in the opinion of the undersigned. Column 1-LINE NUMBER-Number each entry in sequence. This will facilitate necessary references in case of adjustments, disposal actions, etc. Column 2-DESCRIPTION.-Specific instructions as to the method of listing, and the detail of description will be furnished by the Government representative or contractor from whom the Termination Notice was received, Columns 5, 6, 7, and 8-UNIT AND TOTAL COSTS.-These columns should be completed in accordance with the classification of costs indicated. However, where such a procedure is not practicable, items may be grouped for costing purposes conforming to the cost accounting procedures used by the contractor. In all cases, an explanation of the contractor's method of computing costs should be attached. When the contractor cannot present the minimum cost data with accuracy and has therefore presented his charges on a total cost basis, the cost data should be completed to the greatest extent practicable. Column 9-RECOMMENDED DISPOSAL Whenever practicable give your recommendation for disposal of those items you do not wish to retain, Use following code: D-Sell to distributors, M-Sell to manufacturers P-Public sale on bids. W-Sell to other war contractors (name on attached statement). V-Sell to original vendor. 8-Scrap (reasons to be set forth on attached statement). X-Other recommended method. (Explain on attached statement referring to proper item number.) Recommendations should represent your opinion of the method which will move the property with greatest speed consistent with the best interest of the Government as to price and other appro priate factors. Column 10-ENTER OPA CEILING OR MARKET PRICE PER UNIT IF PRACTICABLE-If ceiling price is used, indicate by letter "c" before price, thus "c12.50." Columns 11 and 12-CONTRACTOR'S OFFER-Any offer for inventory for any amount less than your cost must be explained on an attached statement. Such explanations should include reference to line number and page number to facilitate identification. Columns 13 and 14-DISPOSAL CREDITS.-Materials retained or otherwise disposed of. These credits are to be recorded on the copy of this schedule which is submitted with the Contractor's Settlement Proposal (Form A-1), and on the Contractor's File Copy. NOTE. The paper on which this form is printed can be used for reproduction by liquid process duplicating machines. 18 April 1944 1 Front Figure 5. Form No. C-3 (W. D., A. G. O. Form No. 249). INSTRUCTIONS 1. PREPARATION of Schedule. The number of copies to be prepared will be specified by the Government representative or contractor from whom the Termination Notice was received. Columns 1 through 12 should be filled in immediately on all copies to the extent practicable without unduly delaying submission of the inventory schedule. Columns 5, 6, 7, and 8 will not be filled in for Government-owned property. The inventory schedules will be used for the following purposes: PROPERTY DISPOSITION COPIES are to be mailed to the Government representative named in the Termination Notice (if you are a prime contractor), or to the contractor from whom you received Notice of Termination (if you are a subcontractor) as soon as the inventory information has been entered. CONTRACTOR'S OWN CHARGES SCHEDULE COPY is to accompany your charge schedule (Form B-1 or B-2). It will not be necessary to prepare this copy for Government-owned property. CONTRACTOR'S Settlement Proposal Copies, one of which is the original, will accompany your Contractor's Settlement Proposal (Form A-1). By this time, such inventory as will be disposed of by your firm will have been sold, retained, or otherwise disposed of, and the disposal information entered in columns 13 and 14 as provided in the columnar instructions. CONTRACTOR'S FILE COPY should be maintained for your records showing the same information as the original. CERTIFICATE This is to certify that the inventory described on the face of this schedule consists of items properly allocable to the contract, that the quantities are not in excess of the reasonable quantitative requirements of the terminated portion of the contract, and that the offers indicated in column 12 are fair and reasonable in the opinion of the undersigned. V-Sell to original vendor. Column 1-LINE NUMBER-Number each entry in sequence. This will facilitate necessary references in case of adjustments, disposal actions, etc. Column 2-DESCRIPTION.-Specific instructions as to the method of listing, and the detail of description will be furnished by the Government representative or contractor from whom the Termination Notice was received. Columns 5 and 6-UNIT AND TOTAL COSTS.-In these columns show the costs of acquisition or manufacture. An explanation of your method of computing costs should be attached. Columns 7 and 8-COSTS APPLICABLE TO THIS CONTRACT.-An explanation should be attached of the bases used and calculations made as shown in these columns. When columns 6 and 7 show different amounts, the contractor should show the extent to which amounts applicable to other work have been amortized as of the date of termination of this contract. Column 9-RECOMMENDED DISPOSAL.-Whenever practicable give your recommendation for disposal of those items you do not wish to retain. Use following code: D-Sell to distributors. M-Sell to manufacturers. P-Public sale on bids. W-Sell to other war contractors (name on attached S-Scrap. (Reasons to be set forth on attached statement.) X-Other recommended method. (Explain on attached statement referring to proper item number.) Recommendations should represent your opinion of the method which will move the property with greatest speed consistent with the best interest of the Government as to price and other appropriate factors. Column 10-ENTER OPA CEILING or MARKET PRICE PER UNIT IF PRACTICABLE. If ceiling price is used, indicate by letter "c" before price, thus "c12.50." Columns 11 and 12-CONTRACTOR'S OFFER.-An offer for property at less than unamortized cost must be explained on an attached statement. Such explanations should include reference to line number and page number to facilitate identification. Columns 13 and 14-DISPOSAL CREDITS.-Where offers made in columns 11 and 12 have resulted in disposals, the credits are to be recorded on the copy of this schedule which is submitted with the Contractor's Settlement Proposal (Form A-1), and on the Contractor's File Copy. 16-39397-1 U. S. GOVERNMENT PRINTING OFFICE Back Figure 5. Form No. C-3 (W. D., A. G. O. Form No. 249)—Continued. NOTE.-The paper on which this form is printed can be used for reproduction by liquid process duplicating machines. The undersigned certifies that, to the best of its knowledge and belief, the summary of charges and supporting schedules and explanations have been prepared from the books of account and records of the undersigned in accordance with recognized commercial accounting practices; that they include only those charges allocable to this contract; that the charges as stated are fair and reasonable; and that they have been prepared with knowledge that they will, or may, be used by contracting officers acting on behalf of the United States as the basis of settlement with the undersigned or with others. In the space provided on reverse, or on an attached sheet, show in a manner conforming to the contractor's accounting system: (2) Description of Bases Used in Allocating the Above Indirect Factory Expenses to the Contract. (3) Calculation, to the Extent Practicable, of Indirect Factory Expenses Applicable to the Contract in Accordance with Bases Indicated in (2). In the space provided on reverse, or on an attached sheet, show information relating to General and Administrative Expense of the same type as is required in Schedule B-2-a, above. |