41 USC 432 - Value engineering
Legal Research Home >
US Code > Public Contracts > 41 USC 432 - Value engineering
Sec. 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.
Sections: 427 428 428a 429 430 431 431a 432 433 433a 434 435 436 437 438
Last modified: July 21, 2011
|
