[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR48]



[Page 920]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 48_VALUE ENGINEERING--Table of Contents

 

                      Subpart 48.2_Contract Clauses

 

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.