Common use of Value Engineering Clause in Contracts

Value Engineering. The Contractor may, at any time, submit to the Engineer a written proposal which (in the Contractor's opinion) will, if adopted, (i) accelerate completion, (ii) reduce the cost to the Employer of executing, maintaining or operating the Works, (iii) improve the efficiency or value to the Employer of the completed Works, or (iv) otherwise be of benefit to the Employer. The proposal shall be prepared at the cost of the Contractor and shall include the items listed in sub-clause 13.3 [Variation Procedure].

Value Engineering. The Contractor may, at any time, submit to the Engineer Contract Awarder a written proposal which (in the Contractor's opinion) will, if adopted, (i) accelerate completion, (ii) reduce the cost to the Employer Contract Awarder of executing, maintaining or operating the Works, (iii) improve the efficiency or value to the Employer Contract Awarder of the completed Works, or (iv) otherwise be of benefit to the EmployerContract Awarder. The proposal shall be prepared at the cost of the Contractor and shall include the items listed in subSub-clause Clause 13.3 [Variation Procedure].

Value Engineering. The Contractor may, at any time, submit to the Engineer Employer/s and the financial institution providing the funding for the Project/s, a written proposal which (in the Contractor's opinion) will, if adopted, (i) accelerate completion, (ii) reduce the cost to the Employer of executing, maintaining or operating the Works, (iii) improve the efficiency or value to the Employer of the completed Works, or (iv) otherwise be of benefit to the Employer. /s. The proposal shall be prepared at the cost of the Contractor and shall include the items listed in subSub-clause 13.3 Clause 13.4 [Variation Procedure].

Value Engineering. The Contractor may, at any time, submit to the Engineer a written proposal which (in the Contractor's ’s opinion) will, if adopted, (i) accelerate completion, (ii) reduce the cost to the Employer of executing, maintaining or operating the Works, (iii) improve the efficiency or value to the Employer of the completed Works, or (iv) otherwise be of benefit to the Employer. The proposal shall be prepared at the cost of the Contractor and shall include the items listed in sub-clause 13.3 [Variation Procedure].