R 242027Z OCT 12

ALCGFINANCE 045/12
SUBJ: INTERIM COAST GUARD AVIATION LOGISTICS CENTER (ALC) AND SURFACE
FORCES LOGISTICS CENTER (SFLC) CALCULATION OF AVERAGE REPAIR COST
(ARC) PROCEDURES
A. FINANCIAL RESOURCE MANAGEMENT MANUAL (FRMM), COMDTINST M7100.3
(SERIES)
B. DELEGATION OF AUTHORITY TO ISSUE INTERIM FINANCIAL MANAGEMENT
POLICY AND PROCEDURES, CFO MEMO DTD 09 FEB 2011
C. INTERIM CALCULATION OF ARC PROCEDURES FOR ALC AND SFLC, DTD 15 OCT
2012
D. FINANCIAL RESOURCE MANAGEMENT MANUAL - PROCEDURES (FRMM-P),
COMDTINST M7100.4 (SERIES)
1. PURPOSE: THIS MESSAGE PROVIDES INTERIM PROCEDURES FOR CALCULATION
OF AVERAGE REPAIR COST FOR ALC AND SFLC.
2. BACKGROUND: IMPLEMENTATION OF THESE INTERIM PROCEDURES WILL ASSIST
THE COAST GUARD IN MEETING ACCOUNTING STANDARDS, GUIDANCE, AND
REQUIREMENTS FOR CALCULATING AND REPORTING AVERAGE REPAIR COSTS FOR
OPERATING MATERIALS AND SUPPLIES HELD FOR REPAIR.
3. INTERIM POLICY: REFERENCE (A) IS THE COAST GUARD FINANCIAL
MANAGEMENT POLICY. REFERENCE (B) DELEGATED AUTHORITY FROM THE CFO TO
THE COMPTROLLER TO ISSUE INTERIM FINANCIAL MANAGEMENT POLICY AND
PROCEDURES. REFERENCE (C) SPECIFIES INTERIM PROCEDURES FOR THE
CALCULATION OF ARC.
4. ACTION: ALL COAST GUARD ENTITIES WHO ARE INVOLVED IN THE
ADMINISTRATION, COMPLIANCE, REGULATION, AND CALCULATION OF ARC SHALL
ADHERE TO REFERENCE (C). PAPER DISTRIBUTION OF THESE INTERIM
PROCEDURES WILL NOT BE MADE. REFERENCE (C) IS ATTACHED TO THIS
MESSAGE. REFERENCE (C) CAN ALSO BE ACCESSED ELECTRONICALLY IN THE
INTERIM POLICY FOLDER LOCATED ON THE COMMANDANT (CG-84) PORTAL SITE
AT HTTPS://CGPORTAL.USCG.MIL/CTL/18L3TXK.
5. REFERENCE (C) WILL REMAIN IN EFFECT UNTIL ITS INCORPORATION INTO A
FUTURE REVISION OF REFERENCE (D).
6. FOR QUESTIONS REGARDING THESE INTERIM PROCEDURES PLEASE CONTACT
COMDT (CG-843) WANDA FRANCISCO, 202-372-3633,
WANDA.J.FRANCISCO(AT)USCG.MIL.
7. MS. M. SHERIDAN, DIRECTOR OF FINANCIAL OPERATIONS / COMPTROLLER
SENDS.
8. INTERNET RELEASE AUTHORIZED.