Federal · Title 10 — Armed Forces
10 U.S.C. § 3845: Contractor inventory accounting systems: standards
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standards for inventory accounting systems used by contractors under contract with the Department of Defense; and appropriate enforcement requirements with respect to such standards. 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. The regulations prescribed pursuant to subsection (a) shall not apply to a contract for the purchase of commercial products. The Secretary of Defense shall prescribe the regulations required by paragraph (1) of section 2410b of title 10 , United States Code [now 10 U.S.C. 3845(a)(1) ], as added by subsection (a), not later than 30 days after the date of the enactment of this Act [ Sept. 29, 1988 ]. The Secretary of Defense shall prescribe the regulations required by paragraph (2) of section 2410b of title 10 , United States Code [now 10 U.S.C. 3845(a)(2) ], as added by subsection (a), not later than 180 days after the date of the enactment of this Act.”
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