48 CFR § 2448.103 - 2448.103 Processing value engineering change proposals.

---
identifier: "/us/cfr/t48/s2448.103"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 2448.103 - 2448.103   Processing value engineering change proposals."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "2448.103"
section_name: "2448.103   Processing value engineering change proposals."
chapter_number: 24
chapter_name: "DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "G"
subchapter_name: "CONTRACT MANAGEMENT"
part_number: "2448"
part_name: "VALUE ENGINEERING"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "40 U.S.C. 486(c); 42 U.S.C. 3535(d)."
regulatory_source: "71 FR 2437, Jan. 13, 2006, unless otherwise noted."
cfr_part: "2448"
---


# 2448.103 2448.103   Processing value engineering change proposals.

Upon receipt of a Value Engineering Change Proposal (VECP), the Contracting Officer shall promptly forward it to the program office responsible for the contract, indicating:

(a) The date the VECP was received;

(b) The date by which the contractor must be informed of the government's acceptance or rejection of the VECP, unless additional time is required for evaluation;

(c) The date by which the Contracting Officer must know of the technical officer's decision in order to timely accept or reject the VECP;

(d) The need for information required to inform the contractor if the VECP is to be rejected or if additional time is needed to evaluate the VECP;

(e) The potential for awarding concurrent, future, or collateral savings to the contractor, if the VECP is accepted;

(f) That if the VECP is accepted, precise information will be needed with regard to the type of savings, and government costs, that can be expected from its acceptance;

(g) The need for a procurement request setting forth the specification changes to be used in a contract modification accepting the VECP in whole or in part; and

(h) The need for additional funds, if acceptance of the VECP will result in an increase in the cost of contract performance.