Value Engineering Change Proposals
As described by AASHTO, VECP programs differ from other VE programs in that the construction contractors develop the recommendations. The contractors choose whether or not to participate, with the incentive for sharing in any cost savings realized. Thus, the states must create and manage a program that will be attractive to the contractors. This program is called by different names in various states, for example, Value Engineering Incentive Provision (VEIP), Value Engineering Incentive Clause (VEIC), and Cost – Reduction Incentive Proposal (CRIP).
A contractor’s participation in a VECP program involves a certain amount of risk. It costs money to search for realistic savings that will be shared by the state, and the contractor cannot expect all proposals to be accepted...
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