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Acronymfinder

What does VEC stand for?

VEC stands for Value Engineering Change


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Science, medicine, engineering, etc.
  • Business, finance, etc.

See other meanings of VEC

Other Resources:
We have 123 other definitions for VEC in our Acronym Attic

Samples in periodicals archive:

Possible methods are early identification through shared databases, inter-Service and inter-agency cooperation, and contractor participation; use of predictive tools; life of type buys; aggressive material improvement program and deficiency reporting programs; use of engineering change proposals (ECPs) and value engineering change proposals (VECPs) to upgrade and modernize components while maintaining interchangeability and F3 (form, fit, function); specialty manufacturers; reverse engineering; data rights; and drawing availability.
Company Pursuing a Claim under a Value Engineering Change Provision Has Burden of Proving Its Claim In Applied Companies, (68) the ASBCA ruled that Applied failed to establish a government cost savings and therefore did not establish entitlement.