48 CFR Part 1348
Part 1348—Value Engineering
Federal Acquisition Regulations System · Chapter 13, Chapter 13—Department of Commerce · Subchapter G
48 CFR Part 1348 - Words
- 105
- Sections
- 2
- Last amended
- December 16, 2016
- Administered by
- Department of Commerce
48 CFR Part 1348
Text as published by eCFR on .
PART 1348—VALUE ENGINEERING
75 FR 10570, Mar. 8, 2010, unless otherwise noted.
Subpart 1348.1—Policies and Procedures
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.
Subpart 1348.2—Contract Clauses
1348.201 Clauses for supply or service contracts.
The designee authorized to grant exemptions from the requirements of FAR Part 48 for a contract or class of contracts is set forth in CAM 1301.70.