[Code of Federal Regulations] [Title 41, Volume 2] [Revised as of July 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 41CFR101-27.203] [Page 119] TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT CHAPTER 101--FEDERAL PROPERTY MANAGEMENT REGULATIONS PART 101-27_INVENTORY MANAGEMENT--Table of Contents Subpart 101-27.2_Management of Shelf-Life Materials Sec. 101-27.203 Program objectives. In order to assure maximum use of shelf-life items, each executive agency shall: (a) Identify shelf-life items, including any new items to be placed in inventory, which have a limited shelf-life period. (b) Establish the shelf-life period of such items and procedures for controlling their procurement, storage, and issue. (c) Inspect or test certain shelf-life items prior to deterioration to determine if the shelf-life period can be extended. (d) Conduct inventory management analyses to determine if shelf-life stocks are expected to be utilized prior to the expiration of the original or any extended shelf-life period, and, if not, arrange for transfer of such stock in sufficient time to permit usage prior to deterioration. (e) Make available for Government-wide distribution, through excess property channels, any stocks which cannot be utilized through normal supply channels. [32 FR 6493, Apr. 27, 1967]