US · guidance
BOP Program Statement 8561.05 § 5
IDENTIFYING EXOB
The Operations Manager ensures all inventory, including raw materials, finished goods, work in
process, and sub-assemblies, is reviewed monthly. Procedures for obtaining approval to write off
EXOB resulting from the annual review are in Section 7 of this program statement.
a. Work In Process Inventory. Generally, excess and obsolete items are not found in work in
process inventory because of the constant flow of inventory in and out of the production process.
However, any job that remains in work in process for more than 120 days (excluding
Agribusiness) must be inventoried and any excess and obsolete items written off and disposed of
immediately.
b. Board of Survey. When there is sufficient evidence that any raw material, work in process,
subassembly, or finished goods item is excess or obsolete, the Operations Manager appoints a
board of survey to:
Physically inspect the items.
Determine their actual value (if any).
Recommend disposal.
Complete a Report of Survey.
c. Approval of Report of Survey. The report of survey must be approved prior to any
disposition. Approval thresholds for FPI Form 30, Report of Survey, are found in the Program
Statement Disposition of Personal Property and FPI Form 30, Report of Survey.
8561.05 6/22/2026 PROPERTY OF US GOVERNMENT 4
History
PS 8561.05 dated 2026-06-22
Provenance
- Source
- bop.gov
- Retrieved
- 2026-09-20
- Edition
- bop-ps-2026-09-20
- Content hash
0cfc98ae9f885b5b4e905ad9fc1f6b4bc172a6e0552a3f47775aadf7a92c9056
The link goes to the issuing authority’s own document — the one we read to produce this record. Where a source publishes whole titles rather than sections, your browser may need a moment to jump to the provision.
Unofficial copy of government-published law, reproduced from official sources with full provenance. Not an official publication; verify against official sources before relying on it in a filing. Records in the 'guidance' corpus, and only that corpus, are sub-regulatory (interpretive guidelines, survey procedures) and are not binding law. Validity bounds follow each jurisdiction's declared temporalBasis.