US · guidance
BOP Program Statement 8337.01 § 1
PURPOSE AND SCOPE. To establish policy for developing and
maintaining corporate standard costs for the products and
services provided by Federal Prison Industries (FPI).
Corporate standard cost is the cost of goods manufactured. It is
used to determine the inventory value of finished goods and sub-assemblies. Corporate standard cost is also an important
consideration when determining selling prices.
The Product Support Center (PSC) is responsible for developing
and maintaining corporate standard costs for all FPI products and
services. Cost estimates use data from the following:
! Work Measurement
! Material Master
! Bill of Material (BOM)
! Item Standard Routing (ISR)
! Activity Rate
The approved corporate standard cost is the current planned price
as generated by the Millennium system at the designated primary
factory.
History
PS 8337.01 dated 2003-07-31
Provenance
- Source
- bop.gov
- Retrieved
- 2026-09-20
- Edition
- bop-ps-2026-09-20
- Content hash
3a49542de2cce3aeeba6685ba926a9470bde2d7086f680b027b5bd8ecce5e4d0
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