Step 1: Write down the values.
Length \(L = 1000\) m, field temperature \(T_m = 60^\circ\)F, standard temperature \(T_0 = 80^\circ\)F, coefficient \(\alpha = 5 \times 10^{-6}\) per \(^\circ\)F.
Step 2: Recall the temperature correction formula.
\[ C_t = \alpha (T_m - T_0) L \]
Step 3: Find the temperature difference.
\[ T_m - T_0 = 60 - 80 = -20^\circ \text{F} \]
Step 4: Put the numbers in.
\[ C_t = (5 \times 10^{-6}) \times (-20) \times 1000 \]
Step 5: Simplify.
\[ C_t = 5 \times 10^{-6} \times (-20000) = -0.1 \text{ m} \]
The minus sign shows the tape was colder, so it shrank and the true length is a bit less.
Step 6: State the answer.
The temperature correction is \(-0.1\) m.
\[ \boxed{-0.1 \text{ m}} \]