[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: 41CFR101-27.207-2]



[Page 120-121]

 

           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. 101-27.207-2  Inspection.



    Type II items remaining in stock immediately before the end of the 

designated shelf-life period shall be inspected to determine whether the 

shelf life can be extended, except items having a line item inventory 

value of $300 or less, or if the cost of inspection or testing is 

significant in relation to the



[[Page 121]]



value of the item. If the material is found suitable for issue on the 

date of inspection, the shelf life should be extended for a period equal 

to 50 percent of the original shelf-life period and the next 

reinspection date established accordingly. Material should be 

reinspected before the end of each extended shelf-life period and the 

shelf life extended again up to 50 percent of the original shelf life as 

long as the material conforms to the established criteria. Material on 

which the shelf life has been extended shall not be shipped to overseas 

activities if the time remaining in the extended shelf-life period is 

relatively short.



[40 FR 59596, Dec. 29, 1975]