VE Policy References
- Public Law 104-106 Section 4306 is the general federal law requiring VE application.
- The OMB Circular A-131 is a regulation that requires all federal agencies to apply Value Engineering/Value Management procedures to all projects and procurement that are estimated to be $1 million or more.
- ER 11-1-321, Change 1, Army Programs, Value Engineering is a regulation that provides general policy, procedures and a framework for execution of VE elements. Source: US Army Corps of Engineers.
- Value Methodology Standard. Source: SAVE International.