Find Laws Find Lawyers Free Legal Forms USA State Laws

U.S. Code

§ 432. Value engineering

(a) In general
Each executive agency shall establish and maintain cost-effective value engineering procedures and processes.
(b) “Value engineering” defined
As used in this section, the term “value engineering” means an analysis of the functions of a program, project, system, product, item of equipment, building, facility, service, or supply of an executive agency, performed by qualified agency or contractor personnel, directed at improving performance, reliability, quality, safety, and life cycle costs.
Tips