VEC

(redirected from Value Engineering Change)
AcronymDefinition
VECVector
VECVentura (Amtrak station code; Ventura, CA)
VECVirginia Employment Commission (Richmond, VA)
VECVector Error Correction (exchange rates)
VECVancouver English Centre
VECVocational Education Committee
VECVenture Enterprise Center (Japan)
VECVeterinary Emergency Clinic
VECVirtual Environment Control
VECVictorian Electoral Commission (Australia)
VECVolunteer Examiner Coordinator (amateur radio)
VECVaccine Education Center (Philadelphia)
VECValued Environmental Component
VECVehicle Electrical Center
VECVisceral Epithelial Cell (biology)
VECValue Engineering Change
VECVitrage Extérieur Collé (French: Glass Sealant; building construction)
VECVehicle Engineering Center (General Motors Corp.)
VECVellore Engineering College (India)
VECViento en Contra (Guatemalan band)
VECVisual Education Centre Limited (Canada)
VECVictoria Electric Cooperative
VECVibration Exciter Control
References in periodicals archive ?
(5) Applied presented the Army with a value engineering change proposal (VECP) for cost savings for future purchases of 36K BTU/HR air conditioners.
During fiscal 2006, 3,473 in-house value engineering proposals and contractor-initiated value engineering change proposals were accepted with projected savings/cost avoidance in excess of $1.6 billion.
Last year, the courts announced two noteworthy decisions in the rarely reported area of Value Engineering Change Proposals (VECPs).
It provides in substance that the contractor shall share "instant contract savings" realized from accepted value engineering change proposals (VECP).
During fiscal 2005, 3,047 in-house Value Engineering Proposals and contractor-initiated Value Engineering Change Proposals were accepted with projected savings/cost avoidance in excess of $924 million.
During fiscal year 2004, 1,723 in-house value engineering proposals and contractor-initiated value engineering change proposals were accepted with projected savings/cost avoidance in excess of $1 billion.
During fiscal year 2003, more than 3,280 in-house value engineering proposals and contractor-initiated value engineering change proposals were accepted with projected savings in excess of $858 million.
Value Engineering Change Proposal Provides Incentive to Redesign
Voltas Oman's Khalilullah Baig was named Highly Commended Engineer of the Year after leading value engineering changes on the Kempinski Hotel Muscat that reduced costs by $3.6m (OMR1.4m).
Khalilulla Baig of Voltas Oman appears the list after proposing value engineering changes to the Kempinski Hotel Muscat, leading to savings of $3.6m (OMR1.4m).
They also implemented value engineering changes that will extend the shelf life of the weapon by 10 years, avoiding the need to refurbish the weapon, and reducing its operating and support costs by $61M.