§ 1-8.803 Formats of inventory schedules.

(a) Page 1 of Format 803-1. § 1-8.803-1 Format 803-1, Inventory Schedule A (Metals in Mill Product Form).

(b) In addition, on the sheets for any such metal, list like forms of the metal or alloy together in sequence. For example, on the sheet or sheets used to list Carbon Steel, group together all the strip, then follow with the sheets, then the bar stock, etc.

8. DESCRIPTION (Column b).—Full commercial description and weight is required for all items.

C. CONDITION (Column c).—For purpose of indicating condition of material, the code indicated below should be used. quires the combination of a letter and a number in each instance (as E4 or N2). Use the letter "X," without a numb rial considered to have no further value for us a originally to tended, but of possible salvage value other than as scrap If considered scrap, insert an "'S."

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 amount if 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, quantity should also be shown (on a second line) if less than the full quantity shown in column d.

G. GOVERNMENT OWNED PROPERTY

Le Government furnished property should be listed on separdto Modis ked to show that the items are Governmentfurdisho Nb Where Title to materials purchased by the contractor is d the Government, such materials should be listed and ost 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 803-2 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.

(b) Page 2 of Format 803-3.

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 corner of the inventory form and arrange the items falling under that classification in sequence under separate subheadings. For example, on the shepro sheets used to list Chemicals, group separately all Acids, all AI, Resins, etc. Under the general classification of Insulated Wire and Ch group separately all Asbestos-Insulated Copper Wirell Rubber-Insulated Copper Wire, all Magnet Wire, etc. On the shopts for bruds group rately all Antitoxins, all Vaccines, all Strychnine Derivaties all dosphine 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

• FINISHED PRODUCTS MISCELLANEOUS

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, commoni 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 amouer the sale (or credit for acquisition) has been authorized or approved by the contracting officer or customer. Insert the letter "C" if the deputetents your offer to acquire or sell. In either case, quan tity should also bow (on a second line) if less than the full quantity shown in alum

(a) Government-furnished property should be listed on separate shesh, 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.

(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 quired will be indicated by the contracting officer or the customer frem whom the notice of termination is received.