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Value Engineering

FY 2008 Value Engineering Summary Report

The following table compiles the data traditionally collected by the FHWA to summarized successes and achievements in the VE program. As was initiated with the FY 2007 Report, additional information was collected regarding the States' best practices and successful studies completed during the integration of VE in their Federal-aid program.

The FY 2008 report also includes data connecting the recommendations approved through VE studies and implemented VECPs to the benefits provided to the various functions and components of the projects that were studied.

Legend:

  • Return On Investment = Value of Approved Recommendations/Total Cost of VE Studies
  • % of Costs Saved = Value of Approved Recommendations/Estimated Costs of Projects Studied
  • Total Savings Achieved = Value of Approved Recommendations + Value of Approved VE Change Proposals
State VE Study Data VE Recommendation Data VE Change Proposal Data Total
Number of VE Studies Cost of VE Studies (mil. $) Estimated Costs of Projects Studied (mil. $) Number of VE Recommen- dations Value of VE Recommen- dations (mil. $) Number of Approved Recommen- dations Value of Approved Recommen- dations (mil. $) Recommen- dation Acceptance Rate (%) Return On Investment % of Project Costs Saved Number of Submitted VE Change Proposals Number of Approved VE Change Proposals Value of Approved VE Change Proposals (mil. $) VE Change Proposal Acceptance Rate Total Savings Achieved (mil. $)
In-House Consultant Total
Alabama 5 4 9 0.092 204.70 30 13.80 3 0.60 10.00 7. : 1 0.29 5 5 0.39 1.00 0.99
Alaska 0 1 1 0.040 30.00 7 5.99 0 0.00 0.00 0. : 1 0.00 0 0 0.00 0.00 0.00
Arizona 0 6 6 $0.13 $340.00 44 $9.50 15 $0.60 34% 5:1 0% N/A 17 2.5 0 0
Arkansas 5 0 5 0.052 537.95 30 45.18 10 9.93 33.33 190. : 1 1.85 2 2 0.03 1.00 9.96
California 0 42 42 1.956 4,381.08 182 545.00 119 263.10 65.38 135. : 1 6.01 19 19 5.36 1.00 268.45
Colorado 1 0 1 0.005 20.00 5 0.00 5 0.00 100.00 0. : 1 0.00 5 5 1.04 1.00 1.04
Connecticut 0 2 2 0.118 172.00 25 35.00 6 22.00 24.00 186. : 1 12.79 1 1 0.28 1.00 22.28
Delaware 2 0 2 0.012 55.00 16 3.56 16 3.56 100.00 297. : 1 6.47 0 0 0.00 0.00 3.56
District of Columbia 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 1 1 0.85 1.00 0.85
Florida 5 35 40 1.940 4,630.00 183 1,170.00 76 480.00 41.53 247. : 1 10.37 27 23 5.00 0.85 485.00
Georgia 0 35 35 1.380 1,547.65 395 430.34 199 203.45 50.38 147. : 1 13.15 5 5 5.09 1.00 208.54
Hawaii 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 0 0 0.00 0.00 0.00
Idaho 0 3 3 0.411 1,377.09 40 193.47 14 131.01 35.00 319. : 1 9.51 2 2 0.05 1.00 131.05
Illinois 4 3 7 0.153 305.10 139 17.02 25 6.56 17.99 43. : 1 2.15 71 16 5.98 0.23 12.54
Indiana 8 0 8 0.035 725.73 34 124.39 8 57.85 23.53 1643. : 1 7.97 0 0 0.00 0.00 57.85
Iowa 4 0 4 0.050 800.00 18 23.70 11 4.90 61.11 98. : 1 0.61 18 14 0.99 0.78 5.89
Kansas 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 1 1 0.09 1.00 0.09
Kentucky 0 7 7 0.037 681.22 76 1,263.13 15 33.88 19.74 915. : 1 4.97 14 8 2.73 0.57 36.61
Louisiana 0 7 7 0.325 237.19 62 87.49 28 68.85 45.16 212. : 1 29.03 0 0 0.00 0.00 68.85
Maine 1 0 1 0.015 30.80 2 2.88 2 2.88 100.00 192. : 1 9.35 0 0 0.00 0.00 2.88
Maryland 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 0 0 0.00 0.00 0.00
Massachusetts 0 2 2 0.103 107.07 16 14.47 2 0.78 12.50 8. : 1 0.73 1 1 0.89 1.00 1.66
Michigan 1 12 13 0.658 415.72 98 38.11 23 8.86 23.47 13. : 1 2.13 16 6 4.02 0.38 12.87
Minnesota 0 7 7 0.162 105.30 40 13.22 27 4.36 67.50 27. : 1 4.14 12 12 1.23 1.00 5.58
Mississippi 0 2 2 0.100 71.74 10 6.60 2 1.24 20.00 12. : 1 1.73 0 0 0.00 0.00 1.24
Missouri 17 0 17 0.098 628.95 153 214.46 71 96.14 46.41 984. : 1 15.29 93 73 6.06 0.78 102.20
Montana 7 0 7 0.106 92.00 19 22.00 16 15.60 84.21 147. : 1 16.96 1 0 0.00 0.00 15.60
Nebraska 0 2 2 0.104 71.50 35 12.01 3 1.54 8.57 15. : 1 2.15 2 1 0.09 0.50 1.63
Nevada 1 3 4 0.100 413.60 24 15.70 6 3.60 25.00 36. : 1 0.87 1 0 0.00 0.00 3.60
New Hampshire 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 2 2 0.11 1.00 0.11
New Jersey 14 0 14 0.170 359.30 36 226.71 30 195.61 83.33 1151. : 1 54.44 6 5 3.06 0.83 198.67
New Mexico 0 2 2 0.034 27.29 16 8.78 12 5.40 75.00 160. : 1 19.78 0 0 0.00 0.00 5.40
New York 0 13 13 1.269 1,398.30 299 688.00 66 106.10 22.07 84. : 1 7.59 15 6 0.20 0.40 106.30
North Carolina 4 0 4 0.032 450.00 37 35.00 0 0.00 0.00 0. : 1 0.00 6 4 0.67 0.67 0.67
North Dakota 2 0 2 0.008 73.80 16 0.93 3 0.45 18.75 56. : 1 0.61 0 3 0.22 0.00 0.67
Ohio 2 7 9 0.337 1,818.40 168 175.33 80 90.92 47.62 270. : 1 5.00 18 16 2.17 0.89 93.08
Oklahoma 1 0 1 0.000 35.50 5 2.06 0 0.00 0.00 0.00 : 1 0.00 1 1 0.67 1.00 0.67
Oregon 4 1 5 0.092 603.05 66 208.68 26 2.01 39.39 22. : 1 0.33 10 10 0.50 1.00 2.50
Pennsylvania 8 5 13 0.100 294.00 23 11.40 17 9.90 73.91 99. : 1 3.37 11 7 1.90 0.64 11.80
Puerto Rico 2 0 2 0.000 0.00 2 0.00 2 0.00 100.00 0.00 : 1 0.00 0 0 0.00 0.00 0.00
Rhode Island 0 1 1 0.060 278.00 15 45.00 5 15.00 33.33 250. : 1 5.40 5 5 15.00 1.00 30.00
South Carolina 0 1 1 0.035 34.90 12 3.31 3 1.64 25.00 47. : 1 4.69 6 2 0.02 0.33 1.65
South Dakota 3 0 3 0.000 112.00 17 27.50 13 24.50 76.47 0.00 : 1 0.00 0 0 0.00 0.00 24.50
Tennessee 2 0 2 0.014 62.16 7 11.69 6 11.45 85.71 818. : 1 18.43 5 5 0.44 1.00 11.89
Texas 8 9 17 0.270 1,218.83 164 156.44 72 216.84 43.90 805. : 1 17.79 0 0 0.00 0.00 216.84
Utah 0 6 6 0.259 393.66 57 52.81 18 6.33 31.58 24. : 1 1.61 3 3 0.79 1.00 7.11
Vermont 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 6 6 1.33 1.00 1.33
Virginia 27 0 27 0.473 1,028.18 82 39.59 60 27.57 73.17 58. : 1 2.68 8 7 2.35 0.88 29.91
Washington 16 6 22 0.687 2,119.87 213 384.93 149 317.28 69.95 462. : 1 14.97 9 9 0.94 1.00 318.23
West Virginia 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 1 1 1.86 1.00 1.86
Wisconsin 0 6 6 0.341 1,304.00 39 153.12 13 35.54 33.33 104. : 1 2.73 9 9 0.46 1.00 36.00
Wyoming 1 3 4 0.109 143.00 52 22.86 33 16.24 63.46 149. : 1 11.35 0 0 0.00 0.00 16.24
Eastern Federal Lands 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 0 0 0.00 0.00 0.00
Central Federal Lands 0 0 0 0.000 0.00 0 0.00 0 0.00 0.00 0.00 : 1 0.00 1 1 0.43 1.00 0.43
Western Federal Lands 0 0 0 0.000 200.00 13 21.50 13 21.50 100.00 0 : 1 0.00 1 1 0.23 1.00 21.73
Total 155 227 382 12.341 29,595.623 2978 6,573.16 1308 2,524.93 43.92 205 : 1 8.53 420 298 73.50 70.95 2,598.43
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Updated: 07/16/2014

FHWA
United States Department of Transportation - Federal Highway Administration