During what timeframe must a contractor receive disposition instructions for property identified in an accepted inventory schedule?

A contractor must receive disposition instructions for property identified in an accepted inventory schedule within a timeframe of 120 days. This period is essential because it ensures that the contractor can adequately manage government-owned property and comply with any relevant regulations. Within these 120 days, the contractor is expected to prepare and finalize the inventory data, allowing for accurate reporting and prompt action based on the government’s directives for the disposal or continued use of the inventory.

This timeframe is important for maintaining accountability and efficient property management, as it sets a clear expectation for when the contractor can expect guidance on how to proceed with the property. Delays beyond this period could lead to complications in managing government assets, potentially causing financial or operational challenges.