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US · guidance

BOP Program Statement 8351.02 § 11

CONSIGNMENT

activein force · 2026-03-19 – presentact-effective-date

Consignment inventory is vendor inventory that physically resides in an FPI warehouse. It must

be secure and separate from FPI inventory. A physical inventory is conducted at least once a year

by the vendor under supervision by FPI warehouse staff.

To maintain consignment inventory, prior written approval must be received from the General

Manager and the Chief Financial Officer (CFO). Subassemblies and finished goods are not

approved for consignment. Consignment agreements must be completed as written contracts.

Value assigned is based on the current contract prices. Consignment items are always received

on a purchase order at zero value.

Once issued from inventory, ownership transfers to FPI. If consignment inventory has been

issued from stock, it should never be reissued back to the vendor’s storage location unless this is

8351.02 3/19/2026 PROPERTY OF US GOVERNMENT 7

written within the contract. Consignment inventory should not be transferred from one location

to another (except when all the material available is issued to an FPI storage location, then

transferred to another location).

History

PS 8351.02 dated 2026-03-19

Provenance

Source
bop.gov
Retrieved
2026-09-20
Edition
bop-ps-2026-09-20
Content hash
afe394f3a7cddd55708a6695e86a64e6f3059a45c51288abf3dc9a9c613c9b9a
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