Common use of Value Engineer Clause in Contracts

Value Engineer. The professional engineer(s) to be retained by MPRWA or MPWMD upon the selection of the Governance Committee to perform a value engineering analysis for one or more components of the Desalination Project, excluding the Source Water Infrastructure, to potentially lower the costs of, or maximize the value of, the Desalination Project to Cal-Am’s ratepayers, including matters concerning the cost effectiveness, performance, reliability, quality, safety, durability, effectiveness, or other desirable characteristics of the Desalination Project. A value engineering analysis will not be performed on the Source Water Infrastructure.

Appears in 2 contracts

Sources: Amended and Restated Agreement to Form the Monterey Peninsula Water Supply Project Governance Committee, Amended and Restated Agreement to Form the Monterey Peninsula Water Supply Project Governance Committee