FAR and DFARS › FAR Part 48: Value Engineering
FAR 48.000 Scope of part.
The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.
The text
This part prescribes policies and procedures for using and administering value engineering techniques in contracts.
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.