Code of Federal Regulations (alpha)

CFR /  Title 41  /  Part 102-37  /  Sec. 102-37.70 How should a transferee account for the receipt of a

When the quantity of property received doesn't agree with that approved by GSA on the SF 123, the transferee should handle the overage or shortage as follows: ------------------------------------------------------------------------

(a) More property is received The known or Submit a SF 123

than was approved by GSA for estimated for the

transfer. acquisition cost difference to GSA

of the line (Identify the

item(s) involved property as an

is $500 or more. overage and

include the

original transfer

order number.)

\1\------------------------------------------------------------------------(b) Less property is received The acquisition Submit a shortage

than was approved by GSA for cost of the report to GSA,

transfer. missing item(s) with a copy to

is $500 or more. the holding

agency.\1\------------------------------------------------------------------------(c) The known or estimated Annotate on your

acquisition cost of the receiving and

property is less than $500 inventory

records, a

description of

the property, its

known or

estimated

acquisition cost,

and the name of

the holding

agency.------------------------------------------------------------------------\1\ Submit the SF 123 or shortage report to the GSA approving office

within 30 calendar days of the date of transfer.