§ 3845. Contractor inventory accounting systems: standards

• (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.