Common use of Inventory Management Clause in Contracts

Inventory Management. The contractor shall attend a Phase-in GFP transfer and inventory meeting as required in individual task orders. The Government will schedule meetings prior to task order start. Prior to the performance start date, the contractor shall conduct a one-hundred (100) percent joint inventory in accordance with AR 71-32 - Force Development and Documentation, AR 710-2 – Inventory Management, DA Xxx 710-2-1 – Using Supply System (Manual Procedures) and AR 735-5 - Policies and Procedures for Property Accountability. The Government and the contractor shall certify the joint inventory as accurate. The contractor shall update the inventory listing every thirty (30) days to ensure the list is current. At the time of the inventory, all GFP shall be jointly inspected. The contractor shall record any property not serviceable. IUID clause shall be concurred with.