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Federal regulations · Through 2026-08-25 · Newer source version available

48 CFR 1348.102: 1348.102 Policies.

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Where this section sits in the code
  1. Title 48—Federal Acquisition Regulations System
  2. CHAPTER 13—DEPARTMENT OF COMMERCE
  3. SUBCHAPTER G—CONTRACT MANAGEMENT
  4. PART 1348—VALUE ENGINEERING
  5. Subpart 1348.1—Policies and Procedures

(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.

Collected 2026-08-27T02:26:29Z. Source file · JSON

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