Regulations last checked for updates: Jun 01, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 30, 2024
1348.102 - 1348.102 Policies.

(a) Contracting activities shall send contractor-submitted Value Engineering Change Proposals (VECPs) to the appropriate technical personnel for review.

(b) Technical personnel shall conduct a comprehensive review of VECPs for technical feasibility, usefulness, and adequacy of the contractor's estimate of cost savings; make a written report; and recommend acceptance or rejection to the contracting officer.

(c) The designee authorized to grant exemptions from value engineering provisions in appropriate supply, service, architect-engineer and construction contracts is set forth in CAM 1301.70.

source: 75 FR 10570, Mar. 8, 2010, unless otherwise noted.
cite as: 48 CFR 1348.102