Encl. (2) TOCOMDTINST 4610.6
determine the amount to be claimed for the item if it is not to be replaced. If the item must
be replaced, and the current purchase price is more than the price under which it was
carried in the federal or Coast Guard inventory, subtract the depreciation allowance
applicable to the lost, irreparably damaged, or destroyed item from the cost of the
replacement item to arrive at the amount to be claimed.
d.
Reparable Property. Property shipped in need of repair (material condition code F) also
requires a finding of the actual amount of the loss. The acceptable method for determining
reparable value is the Federal Supply Catalog or DLA Consolidated Management Data
List value reduced by depreciation factors to a used value, which is then reduced further
by the average standard or estimated repair cost to determine actual reparable value. Some
property is declared reparable because of operation use (specified number of hours) and
time it is lost, irreparably damaged, or destroyed. The average cost of restoration may
give the preshipment condition allowance to be used in lieu of the average cost of repair.
The TO/TM must ask the IM to furnish the reparable value data or restoration costs, as
applicable. The IM should furnish a statement signed by a technically qualified person,
showing how the average cost of repair or restoration cost was computed and the source of
that data.
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