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Value Engineering

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FY 2010 Value Engineering Summary Report

The following table compiles the data traditionally collected by the FHWA to summarized successes and achievements in the VE program. The FY 2010 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
  • All costs shown are millions of dollars
State VE Study Data VE Recommendation Data VE Change Proposal Data Total
Number of VE Studies Cost of VE Studies Estimated Costs of Projects Studied Number of VE Recommen- dations Value of VE Recommen-dations Number of Approved Recommen- dations Value of Approved Recommen-dations Recommen- dation Acceptance Rate Return On Investment % of Project Costs Saved Number of Approved VE Change Proposals Value of Approved VE Change Proposals Total Savings Achieved
In-House Consultant Total
Alabama 1 9 10 $0.380 $436.88 57 $59.99 19 $23.68 33% 62 5.4% 1 $0.00 $23.68
Alaska 2 6 8 $0.363 $251.56 112 $72.82 37 $29.09 33% 80 11.6% 2 $0.05 $29.14
Arizona 0 6 6 $0.170 $795.00 63 $66.50 29 $26.50 46% 156 3.3% 10 $2.20 $28.70
Arkansas 5 0 5 $0.028 $241.80 11 $22.80 5 $6.90 45% 245 2.9% 1 $0.03 $6.93
California 0 54 54 $2.415 $4,875.60 260 $484.60 119 $305.00 46% 126 6.3% 33 $2.90 $307.90
Colorado 3 0 3 $0.078 $115.00 45 $80.00 9 $30.00 20% 385 26.1% 4 $0.20 $30.20
Connecticut 4 3 7 $0.150 $319.00 77 $69.64 28 $43.14 36% 288 N/A 3 $2.41 $0.00
Delaware 1 0 1 $0.008 $7.50 1 $1.50 1 $1.50 100% 188 20.0% 0 $0.00 $1.50
District of Columbia 0 2 2 $0.070 $27.00 23 $4.00 18 $4.00 78% 57 14.8% 1 $13.00 $17.00
Florida 5 16 21 $1.200 $3,500.00 99 $436.40 50 $148.10 51% 123 4.2% 11 $1.43 $149.53
Georgia 13 29 42 $1.160 $3,538.08 363 $374.38 188 $193.58 52% 167 5.5% 1 $0.13 $193.71
Hawaii 1 0 1 $0.005 $90.00 0 $0.00 0 $0.00 0% 0 0.0% 1 -$0.13 -$0.13
Idaho 0 0 0 $0.000 $0.00 0 $0.00 0 $0.00 N/A 0 N/A 1 $0.05 $0.05
Illinois 5 5 10 $0.289 $439.16 56 $45.55 17 $14.74 30% 51 3.4% 3 $0.27 $15.01
Indiana 1 2 3 $0.105 $1,297.40 45 $200.90 25 $170.35 56% 1,624 13.1% 0 $0.00 $170.35
Iowa 0 1 1 $0.045 $112.00 12 $12.60 7 $7.50 58% 167 6.7% 3 $0.35 $7.85
Kansas 0 2 2 $0.085 $163.98 6 $12.32 2 $3.85 33% 45 2.3% 2 $0.10 $3.95
Kentucky 0 5 5 $0.070 $502.63 1 $101.63 1 $19.50 100% 279 3.9% 6 $1.32 $20.82
Louisiana 4 5 9 $0.156 $330.21 89 $86.50 50 $5.45 56% 35 1.7% 2 $1.27 $6.73
Maine 0 1 1 $0.005 $68.00 1 $5.00 1 $5.00 100% 1,000 7.4% 4 $0.16 $5.16
Maryland 0 5 5 $0.129 $271.35 23 $29.35 0 $0.00 0% 0 0.0% 0 $0.00 $0.00
Massachusetts 0 7 7 $0.490 $371.92 95 $71.75 29 $30.27 31% 62 8.1% 0 $0.00 $30.27
Michigan 2 10 12 $0.576 $240.00 52 $40.09 9 $12.47 17% 22 5.2% 12 $3.43 $15.90
Minnesota 0 9 9 $0.610 $444.00 71 $60.00 56 $51.00 79% 84 11.5% 7 $0.42 $51.42
Mississippi 1 8 9 $0.452 $746.00 73 $138.31 22 $71.20 30% 157 9.5% 1 $0.50 $71.70
Missouri 13 0 13 $0.042 $249.65 71 $86.36 51 $86.24 72% 2,047 34.5% 91 $1.37 $87.61
Montana 5 0 5 $0.124 $86.60 23 $13.00 14 $5.60 61% 45 6.5% 1 $0.11 $5.71
Nebraska 0 1 1 $0.045 $21.00 7 $2.10 2 $0.04 29% 1 0.2% 1 $0.04 $0.08
Nevada 4 1 5 $0.013 $190.00 23 $13.20 11 $5.50 48% 423 2.9% 1 $0.19 $5.69
New Hampshire 0 0 0 $0.000 $0.00 0 $0.00 0 $0.00 0% 0 0.0% 1 $0.02 $0.02
New Jersey 9 1 10 $0.190 $500.83 48 $170.46 28 $102.21 58% 538 20.4% 4 $0.84 $103.04
New Mexico 1 0 1 $0.012 $5.85 7 $0.57 7 $0.57 100% 48 9.7% 2 $0.26 $0.83
New York 0 13 13 $1.176 $745.00 351 $253.00 79 $56.80 23% 48 7.6% 10 $6.40 $63.20
North Carolina 17 1 18 $0.111 $2,091.00 56 $40.90 28 $12.90 50% 116 0.6% 2 $0.64 $13.54
North Dakota 1 0 1 $0.010 $69.00 3 $0.83 0 $0.00 N/A 0 N/A 0 $0.00 $0.00
Ohio 4 3 7 $0.154 $359.80 80 $144.77 40 $57.00 50% 370 15.8% 17 $4.89 $61.90
Oklahoma 2 0 2 $0.003 $150.73 14 $15.36 0 $0.00 N/A 0 N/A 0 $0.00 $0.00
Oregon 3 0 3 $0.052 $153.40 45 $39.85 3 $0.38 7% 7 0.2% 13 $0.23 $0.61
Pennsylvania 10 11 21 $0.420 $1.98 147 $0.11 105 $0.10 71% 0 5.0% 7 $0.50 $0.60
Puerto Rico 2 0 2 $0.081 $89.80 5 $11.30 5 $11.30 N/A 140 N/A 0 $0.00 $11.30
Rhode Island 0 0 0 $0.000 $0.00 0 $0.00 0 $0.00 0% 0 0.0% 0 $0.00 $0.00
South Carolina 2 8 10 $0.222 $392.82 46 $69.52 10 $9.94 22% 45 2.5% 2 $0.28 $10.22
South Dakota 1 0 1 $0.000 $21.10 8 $2.25 5 $1.98 N/A 0 N/A 2 -$0.36 $1.62
Tennessee 3 0 3 $0.008 $53.00 1 $0.33 1 $0.33 100% 44 0.6% 0 $0.00 $0.33
Texas 3 1 4 $0.085 $569.97 30 $86.64 10 $29.70 33% 347 5.2% 0 $0.00 $29.70
Utah 0 2 2 $0.109 $219.20 9 $4.50 5 $2.19 56% 20 1.0% 7 $1.13 $3.32
Vermont 0 0 0 $0.000 $0.00 0 $0.00 0 $0.00 N/A 0 N/A 2 $0.00 $0.00
Virginia25025$0.437$924.6343$27.1722$5.8351%130.6%12$1.00$6.83
Washington5611$0.751$7,890.13153$860.9897$373.0163%4974.7%8$0.45$373.46
West Virginia000$0.000$0.000$0.000$0.00N/A0N/A8$2.03$2.03
Wisconsin066$0.318$213.1044$19.1820$11.4345%365.4%43$1.63$13.06
Wyoming000$0.000$0.000$0.000$0.000%00.0%0$0.00$0.00
Eastern Federal Lands325$0.150$65.00200$10.0050$7.4225%4911.4%0$0.00$7.42
Central Federal Lands000$0.000$0.000$0.000$0.00N/A0N/A0$0.00$0.00
Western Federal

Lands

000$0.000$0.000$0.000$0.00N/A0N/A0$0.00$0.00
Total161241402$13.553$34,247.663,049$4,349.011,315$1,983.2843.1%1465.79%343$51.74$2,035.02
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Updated: 07/16/2014

FHWA
United States Department of Transportation - Federal Highway Administration