Value engineering change proposal (VECP) definition
Value engineering change proposal (VECP) means a proposal that--
Value engineering change proposal (VECP) means a proposal that; (a) Requires a change to this, the instant contract, to implement; and (b) Results in reducing the contract price or estimated cost without impairing essential functions or characteristics; provided, that it does not involve a change; (i) In deliverable end item quantities only; or (ii) To the contract type only.
Value engineering change proposal (VECP) means a proposal that (1) Requires a change to this, the instant award, to implement; and (2) Results in reducing the award price or estimated cost without impairing essential functions or characteristics; provided, that it does not involve a change-
More Definitions of Value engineering change proposal (VECP)
Value engineering change proposal (VECP) means a proposal that— (1)Requires a change to this, the instant contract, to implement, and