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C. INVENTORY RECONCILIATION <br />The following information will be recorded on the inventory' <br />reconciliation form: <br />Opening inventory <br />Deliveries <br />Metered sales <br />Closing inventory <br />Accumulated metered sales <br />Measurable error <br />Allowable variations <br />D. WASTE OIL TANK GAUGING <br />The following information will be recorded.on the waste'oil tank <br />form: <br />Gauging period (from / to) <br />Inventory (opening dipstick to closing dipstick <br />reading) <br />Variations (actual, allowable) <br />E. QUARTERLY REPORT <br />The following information will be recorded on the quarterly report: <br />Actual quarter <br />Start date / Ending date <br />Tank # <br />Tank capacity <br />Tank product <br />Dealers signature validating all recorded information <br />Any variations which exceeded the allowable limits <br />II. METHOD & EQUIPMENT USED IN MONITORING <br />A. INSPECTION CONDUCTED BY DEALER <br />The following information will be recorded upon inspection <br />conducted by dealer: <br />Daily reconciliation shall be made of the Inventory <br />Control Records. <br />Daily visual inspection for leaks shall be made in the <br />areas of: <br />-Submerged pumps <br />-Tank fills <br />Dealer must be aware that a reduction in product flow to <br />3 gallons per minute (gpm) indicates a potential <br />leak. <br />