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10 U.S.C. § 3845 — Contractor inventory accounting systems: standards

submitted 38 years ago by Pub. L. 100-456 to r/title-10-ARMED-FORCES · 81 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section requires certain contractor inventory-accounting systems to meet standards. It identifies the standards and the covered systems.

(a) The Secretary of Defense must prescribe in regulations— (1) standards for inventory accounting systems used by contractors under contract with the Department of Defense; and (2) appropriate enforcement requirements for those standards. (b) The regulations prescribed under subsection (a) must not apply to a contract for an amount no greater than the simplified acquisition threshold. (c) The regulations prescribed under subsection (a) must not apply to a contract for purchasing commercial products.
the actual law source: uscode.house.gov ↗public domain
(a)

The Secretary of Defense shall prescribe in regulations—

(1)

standards for inventory accounting systems used by contractors under contract with the Department of Defense; and

(2)

appropriate enforcement requirements with respect to such standards.

(b)

The regulations prescribed pursuant to subsection (a) shall not apply to a contract that is for an amount not greater than the simplified acquisition threshold.

(c)

The regulations prescribed pursuant to subsection (a) shall not apply to a contract for the purchase of commercial products.

Source credit: (Added Pub. L. 100–456, div. A, title VIII, § 834(a)(1), Sept. 29, 1988, 102 Stat. 2024, § 2410b; amended Pub. L. 103–355, title IV, § 4102(h), title VIII, § 8105(i), Oct. 13, 1994, 108 Stat. 3341, 3393; Pub. L. 104–106, div. D, title XLIII, § 4301(a)(1), Feb. 10, 1996, 110 Stat. 656; Pub. L. 104–201, div. A, title X, § 1074(b)(3), Sept. 23, 1996, 110 Stat. 2660; Pub. L. 111–350, § 5(b)(28), Jan. 4, 2011, 124 Stat. 3845; Pub. L. 115–232, div. A, title VIII, § 836(e)(6), Aug. 13, 2018, 132 Stat. 1870; renumbered § 3845 and amended Pub. L. 116–283, div. A, title XVIII, § 1835(c), (d)(2), Jan. 1, 2021, 134 Stat. 4240.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 100-456 · 102 Stat. 2024
  • 1994Amended · Pub. L. 103-355 · 108 Stat. 3341, 3393
  • 1996Amended · Pub. L. 104-106 · 110 Stat. 656
  • 1996Amended · Pub. L. 104-201 · 110 Stat. 2660
  • 2011Amended · Pub. L. 111-350 · 124 Stat. 3845
  • 2018Amended · Pub. L. 115-232 · 132 Stat. 1870
  • 2021Amended · Pub. L. 116-283 · 134 Stat. 4240

A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-456 on 1988-09-29.

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