The Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) are seeking public feedback on extending the value engineering requirements through the Office of Management and Budget (OMB). They want comments on whether the information collection is essential for federal acquisitions and how it can be improved while minimizing the burden on respondents. The public is invited to submit comments by May 12, 2025, via the website https://www.regulations.gov. The collected data will help evaluate Value Engineering Change Proposals (VECPs) that contractors submit, and if accepted, enable a fair sharing plan for cost reductions.
Simple Explanation
The Department of Defense, General Services Administration, and NASA want to keep checking if there are better ways to do things and save money, and they are asking people to share their thoughts on how to make this process better and easier. They promise to be fair about sharing any money saved from these ideas.