CFR > Title 41 - Public Contracts and Property Management > SUBTITLE C—Federal Property Management Regulations System > CHAPTER 109—DEPARTMENT OF ENERGY PROPERTY MANAGEMENT REGULATIONS (parts 109-1 to 109-50) > SUBCHAPTER E—SUPPLY AND PROCUREMENT (parts 109-25 to 109-30) > PART 109-27—INVENTORY MANAGEMENT > SUBPART 109-27.50—Inventory Management Policies, Procedures, and Guidelines (§109-27.5001 to §109-27.5011-2) > 109-27.5007-1—Procedures.

109-27.5007-1—Procedures.

The following procedures shall be established for taking physical inventory of stocks subjected to quantity controls as well as those under financial control:
(a) Completion of a physical inventory not less frequently than every twelve months.
(b) Reconciliation of inventory quantities with the stock records.
(c) Preparation of a report of the physical inventory results.