§48.105. Relationship to other incentives.
48 C.F.R. § 48.105
Contractors should be offered the fullest possible range of motivation, yet the benefits of an accepted VECP should not be rewarded both as value engineering shares and under performance, design-to-cost, or similar incentives of the contract. To that end, when performance, design-to-cost, or similar targets are set and incentivized, the targets of such incentives affected by the VECP are not to be adjusted because of the acceptance of the VECP. Only those benefits of an accepted VECP not rewardable under other incentives are rewarded under a value engineering clause.
Notes, amendments, and revision history
Amendments
[48 FR 42443, Sept. 19, 1983, as amended at 54 FR 5057, Jan. 31, 1989]
Authority
Authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 48 FR 42443, Sept. 19, 1983, unless otherwise noted.
Amendments
[48 FR 42443, Sept. 19, 1983, as amended at 54 FR 5057, Jan. 31, 1989]