Value engineering change proposal definition

Value engineering change proposal means a cost reduction proposal based on value engineering submitted by the contractor pursuant to this chapter and particularly identified as such. (HAR §3-132-1)
Value engineering change proposal means a proposal that requires a modification to this Contract and results in reducing the Contract price or estimated cost without impairing essential function, characteristics, or quality of the work.
Value engineering change proposal means a cost reduction proposal based on Value Engineering submitted by the contractor pursuant to this section and particularly identified as such.

More Definitions of Value engineering change proposal

Value engineering change proposal means a cost reduction proposal based on value engineering submitted by the contractor pursuant to this chapter and particularly identified as such. [Eff NOV 17 1997 ] (Auth: HRS §§103-49, 103D-202) (Imp: HRS §103-49)