Common use of Stock Levels Clause in Contracts

Stock Levels. If the COR elects to allow the Contractor to draw and retain stocks of Government furnished packing materials, the Contractor shall maintain records of receipt and issue of such materials, and shall advise the COR when the supply of packing material and cartons reaches a low level, based upon the projected shipping schedule. The Contractor shall notify the COR of low stock levels 30 days in advance of a delivery schedule to allow for delivery of additional materials.

Stock Levels. If the COR elects to allow the Contractor to draw and retain stocks of Government furnished packing materials, the Contractor shall maintain records of receipt and issue of such materials, materials and shall advise the COR when the supply of packing material and cartons reaches a low level, based upon the projected shipping schedule. The Contractor shall notify the COR of low stock levels 30 days in advance of a delivery schedule to allow for delivery of additional materials.