PART 1348 - VALUE ENGINEERING
Authority: 41 U.S.C. 414; 48 CFR 1.301-1.304.
Source: 75 FR 10570, Mar. 8, 2010, unless otherwise noted.
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.
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.