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§ 1-8.803-2 Format 803-2, Inventory Schedule A-Continuation Sheet (Metals in Mill Product Form).

INVENTORY SCHEDULE A-CONTINUATION SHEET (METALS IN MILL PRODUCT FORM)

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§ 1-8.803-3

Format 803-3, Inventory Schedule B.

(a) Page 1 of Format 803-3.

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3. Items having no commercial value may be placed in a single classification designated "No Commercial Value." For items deemed to have commercial value, use a new form for each classification. Insert the name of the classification in the designated block at the upper right-hand comer of the inventory form and arrange the items falling under that classification in sequence under separate subheadings. For example, on the shepton sheets used to list Chemicals, group separately all Acids, all Angles, FM Resins, etc. Under the general classification of Insulated Wire and Cable, group separately all Asbestos-Insulated Copper Wire all Rubber-insulated Copper Wire, all Magnet Wire, etc. On the sheets or rugs, group sepa rately all Antitoxins, all Vaccines, all Strychnine Mites all Mosphine Derivatives, etc.

8. DESCRIPTION (Column b).-A full commercial description is required for all items which have commercial value. For other items, furnish only such description as is sufficient to enable the contracting officer or the customer to determine the appropriate disposition. Where there is doubt as to the extent of the description required, consult the contracting officer or the

customer.

C. CONDITION (Column c).—For purpose of indicating condition of material, the code indicated below should be used. It requires the combination of a letter and a number in each instance (as E4 or N2). Use the

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FINISHED PRODUCTS MISCELLANEOUS

letter "X" without a number, for material considered to have no further value for use as originally intended, but of possible salvage value other than as scrap. If considered scrap, insert on "S."

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D. COST (Columns e and f).-Any generally recognized basis for costing inventory may be used, provided it has been regularly used by the con. tractor and properly reflects his costs.

E. COMMON ITEMS:-Any items of inventory reasonably usable, without loss to the contractor on his other work, because they are materials, parts, or components, common in nature to both the terminated contract and other work of the contractor, are not to be listed except for items the delivery of which has been required by the Government and except for Government.

furnished property. (See Inventory Schedule Certificate.)

F. PROCEEDS OF AUTHORIZED SALE (Column g).-Insert the letter "A" after the amoyan the sale (or credit for acquisition) has been authorized or approved by the contracting officer or customer. Insert the letter "C" if the amount represents your offer to acquire or sell. In either case, quan. tity should abo be show (on a second line) if less than the full quantity shown in column al

GOVERNMENT-OWNED PROPERTY

(a) Government-furnished property should be listed on separate sheets, marked to show that the items are Government-furnished.

(b) Where title to materials purchased by the contractor is vested in the Government, such materials should be listed and cost data supplied.

H. MISCELLANEOUS

(a) Separate Schedules. If the space provided for any information called for is insufficient, attach separate supporting schedules. (b) Continuation Sheets.-Use Format 803-4 whenever more than one page is required.

(c) Number of Copies.-The number of sets of inventory schedules required will be indicated by the contracting officer or the customer from whom the notice of termination is received.

Format 803-4, Inventory Schedule B-Continuation Sheet.

INVENTORY SCHEDULE B-CONTINUATION SHEET

§ 1-8.803-4

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PROPERTY CLASSIFICATION (See Instruction on Format 803-3)

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FINISHED COMPONENTS

REFERENCE NO.

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DATE

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SPECIMEN

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§ 1-8.803-5

(a)

Format 803-5, Inventory Schedule C (Work in Process).
Page 1 of Format 803-5.

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