United States Government Publishing Office
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Regulatory Information
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2017-01-09
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Federal Acquisition Regulation; Allowability of Value Engineering Costs; Withdrawal of Proposed Rule
Part IV
UNKNOWN
D09002ee1be06d94b
United States
Department of Defense
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United States Government Agency or Subagency
United States
General Services Administration
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United States Government Agency or Subagency
United States
National Aeronautics and Space Administration
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org
United States Government Agency or Subagency
The Department of Defense, General Services Administration, and National Aeronautics and Space Administration have decided to withdraw a proposed rule, FAR case 89-88, Allowability of Value Engineering Costs. This rule was initially published in the Federal Register on January 4, 1990 (55 FR 416), and republished on December 14, 1992 (57 FR 59274). The case proposed a revision which specifies that under the incentive approach in value engineering, the contractor develops and submits value engineering change proposals (VECP's) and shares in the savings of any that are accepted. The contract provides for payment of implementation costs if a VECP is accepted. The development costs for accepted and unaccepted VECP's shall be accumulated by value engineering project and charged indirectly if otherwise allowable in accordance with Part 31. The republication resulted in the receipt of 30 responses. The substantive comments ranged from acceptance of the rule with modification to strong recommendations that the rule not be adopted. Primary concerns included--the source of funding for the payment of development costs of unaccepted VECP's, the documentation and justification required for such payments, and the administrative impact on the Government from a potential increase in VECP submissions. As a result of discussions with interested industry representatives and the nature of the comments received, a decision was made to withdraw the proposed rule.
59 FR 0
https://www.govinfo.gov/app/details/FR-1994-08-24/94-20726
94-20726
fr24au94-54
6820-34-M
Federal Register: August 24, 1994
FAR Cases 89-88
https://www.govinfo.gov/app/details/FR-1994-08-24/94-20726
https://www.govinfo.gov/content/pkg/FR-1994-08-24/html/94-20726.htm
1 p.
0
0
59 FR 0
Code of Federal Regulations
Title 48 Part 48
48 CFR Part 48
Federal Acquisition Regulation; Allowability of Value Engineering Costs; Withdrawal of Proposed Rule; Federal Register Vol. 59, Issue
UNKNOWN
94-20726
IV
DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
Federal Register: August 24, 1994
FAR Cases 89-88
6820-34-M
94-20726
Proposed rule; withdrawal.
The Department of Defense, General Services Administration, and National Aeronautics and Space Administration have decided to withdraw a proposed rule, FAR case 89-88, Allowability of Value Engineering Costs. This rule was initially published in the Federal Register on January 4, 1990 (55 FR 416), and republished on December 14, 1992 (57 FR 59274). The case proposed a revision which specifies that under the incentive approach in value engineering, the contractor develops and submits value engineering change proposals (VECP's) and shares in the savings of any that are accepted. The contract provides for payment of implementation costs if a VECP is accepted. The development costs for accepted and unaccepted VECP's shall be accumulated by value engineering project and charged indirectly if otherwise allowable in accordance with Part 31. The republication resulted in the receipt of 30 responses. The substantive comments ranged from acceptance of the rule with modification to strong recommendations that the rule not be adopted. Primary concerns included--the source of funding for the payment of development costs of unaccepted VECP's, the documentation and justification required for such payments, and the administrative impact on the Government from a potential increase in VECP submissions. As a result of discussions with interested industry representatives and the nature of the comments received, a decision was made to withdraw the proposed rule.
Ms. Beverly Fayson, FAR Secretariat, Room 4037, GS Building, Washington, DC 20405 (202) 501-4755.
Federal Register
Vol. 59, no. 163
Office of the Federal Register, National Archives and Records Administration
1994-08-24
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