Common use of Value Engineering Clause in Contracts

Value Engineering. Prepare a value-engineering report for District review and approval that: 10.1.2.1.5.1 Details areas of cost saving (e.g. construction processes/procedures, specified materials and equipment, and equipment or other aspects of the design documents that can be modified to reduce costs and/or the time for achieving final completion of the Project and/or to extend life-cycle and/or to reduce maintenance/operations costs, without diminution in the quality of materials/equipment/workmanship, scope or intended purposes of the Project); 10.1.2.1.5.2 Provides detailed estimate for proposed value-engineering items; 10.1.2.1.5.3 Defines methodology or approaches that maximize value; and 10.1.2.1.5.4 Identifies design choices that can be more economically delivered.

Value Engineering. Prepare a value-engineering report for District review and approval that: 10.1.2.1.5.1 10.1.2.1.4.1 Details areas of cost saving (e.g. construction processes/procedures, specified materials and equipment, and equipment or other aspects of the design documents that can be modified to reduce costs and/or the time for achieving final completion of the Project and/or to extend life-cycle and/or to reduce maintenance/operations costs, without diminution in the quality of materials/equipment/workmanship, scope or intended purposes of the Project); 10.1.2.1.5.2 10.1.2.1.4.2 Provides detailed estimate for proposed value-engineering items; 10.1.2.1.5.3 10.1.2.1.4.3 Defines methodology or approaches that maximize value; and 10.1.2.1.5.4 10.1.2.1.4.4 Identifies design choices that can be more economically delivered.

Value Engineering. Prepare a value-value- engineering report for District review and approval that: 10.1.2.1.5.1 Details areas of cost saving (e.g. construction processes/procedures, specified materials and equipment, and equipment or other aspects of the design documents that can be modified to reduce costs and/or the time for achieving final completion of the Project and/or to extend life-cycle and/or to reduce maintenance/operations costs, without diminution in the quality of materials/equipment/workmanship, scope or intended purposes of the Project); 10.1.2.1.5.2 Provides detailed estimate for proposed value-engineering items; 10.1.2.1.5.3 Defines methodology or approaches that maximize value; and 10.1.2.1.5.4 Identifies design choices that can be more economically delivered.