Common use of Value Engineering Clause in Contracts

Value Engineering. Value Engineering (VE) is the creative, organized process of analysis of a project as to cost and/or performance with a focus on analysis of the proposed facility (and its systems, assemblies or components) and the elimination or modification of those features which add cost without contributing to that facility's required function or design value.

Appears in 33 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Agreement

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Value Engineering. Value Engineering (VE) is the creative, organized process of analysis of a project as to cost and/or performance with a focus on analysis of the proposed facility (and its systems, assemblies or components) and the elimination or modification of those features which add cost without contributing to that facility's ’s required function or design value.

Appears in 8 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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