1.1705-1

Limitations.

Value engineering program re

quirements. Description.

Application.

Limitations.

Data and technical information, Value engineering incentive clauses.

Value engineering incentive clause

for firm fixed-price contracts and fixed-price contracts providing for escalation.

1.1705-2 Value engineering incentive clause for fixed-price incentive contracts (firm targets).

1.1705-3 Value engineering incentive clause for fixed-price incentive contracts (successive targets). 1.1705-4 Value engineering incentive clause for fixed-price contracts providing for prospective price redetermination.

1.1705-5 Value engineering incentive clause for cost-plus-incentive-fee contracts.

Definitions.

Fixed-price type contracts.

Cost reimbursement type contracts. Government administration procedures. 1.1906 Contract clauses.

AUTHORITY: The provisions of this Part 1 issued under R.S. 161, sec. 2202, 70A Stat. 120; 5 U.S.C. 22, 10 U.S.C. 2202. Interpret or apply secs. 2301-2314, 70A Stat. 127-133; 10 U.S.C. 2301-2314.

Subpart A-Introduction

§ 1.100 Scope of subpart.

This subpart sets forth (a) introductory information pertaining to the subchapter (its purpose, applicability, content, and arrangement), and (b) instructions for amending, implementing, disseminating, and deviating from the subchapter.

[25 F.R. 14079, Dec. 31, 1960]

§ 1.101 Purpose of subchapter.

This subchapter, issued by the Assistant Secretary of Defense (Installations and Logistics) by direction of the Secretary of Defense and in coordination with the Secretaries of the Army, Navy, and Air Force and the Director of the Defense Supply Agency, establishes for the Department of Defense, uniform policies and procedures relating to the procurement of supplies and services under the authority of Chapter 137, Title 10 of the United States Code, or under other statutory authority. [27 F.R. 11643, Nov. 27, 1962]