[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR48]

[Page 905]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 48_VALUE ENGINEERING--Table of Contents
 
                      Subpart 48.2_Contract Clauses
 
Sec.  48.202  Clause for construction contracts.

    The contracting officer shall insert the clause at 52.248-3, Value 
Engineering--Construction, in construction solicitations and contracts 
when the contract amount is estimated to be $100,000 or more, unless an 
incentive contract is contemplated. The contracting officer may include 
the clause in contracts of lesser value if the contracting officer sees 
a potential for significant savings. The contracting officer shall not 
include the clause in incentive-type construction contracts. If the head 
of the contracting activity determines that the cost of computing and 
tracking collateral savings for a contract will exceed the benefits to 
be derived, the contracting officer shall use the clause with its 
Alternate I.