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Value Engineering

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FY 2011 Value Engineering Summary Report

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
Alabama3710$0.272$451.2455$84.7614$4.1725%150.9%3$0.04$4.21
Alaska088$0.586$409.43173$143.8557$18.1533%314.4%2$1.50$19.65
Arizona055$0.160$433.0062$32.0029$9.8047%612.3%4$0.10$9.90
Arkansas707$0.045$309.1023$34.232$0.439%90.1%0$0.00$0.43
California05959$2.710$4,783.59329$424.50161$192.3149%714.0%40$4.48$196.79
Colorado224$0.120$358.5333$4.5020$2.7461%230.8%3$0.15$2.89
Connecticut235$0.188$172.2550$71.1811$2.6222%141.5%1$0.20$2.82
Delaware101$0.004$26.203$0.323$0.32100%921.2%0$0.00$0.32
District of Columbia000$0.000$0.000$0.000$0.00N/A00.0%0$0.00$0.00
Florida81321$1.000$4,400.0090$338.0054$142.0060%1423.2%15$4.72$146.72
Georgia12627$0.860$752.68257$182.25135$47.1753%556.3%0$0.00$47.17
Hawaii101$0.010$40.000$0.000$0.00N/A00.0%0$0.00$0.00
Idaho000$0.000$0.000$0.000$0.00N/A00.0%0$0.00$0.00
Illinois51116$0.526$608.8595$29.7943$9.0945%171.5%1$0.03$9.12
Indiana213$0.042$471.4030$74.4519$47.0063%1,11610.0%12$2.95$49.95
Iowa101$0.004$400.306$12.113$10.5150%2,8412.6%8$1.63$12.14
Kansas011$0.026$22.925$3.591$2.2020%849.6%1$0.13$2.32
Kentucky257$0.300$475.0071$242.5142$68.0059%22714.3%4$1.11$69.10
Louisiana145$0.030$354.3464$30.5930$8.4247%2852.4%1$0.80$9.22
Maine101$0.005$35.0010$0.007$0.0070%00.0%3$0.09$0.09
Maryland044$0.300$218.0057$52.787$0.7112%20.3%1$0.15$0.86
Massachusetts044$0.384$686.7130$30.5715$11.7150%301.7%0$0.00$11.71
Michigan5510$0.335$850.0072$81.7422$3.9531%120.5%12$1.11$5.06
Minnesota01111$0.611$913.60123$58.4976$30.9462%513.4%6$0.42$31.36
Mississippi21012$0.560$652.00101$133.5030$19.4330%353.0%0$0.00$19.43
Missouri404$0.018$82.5020$9.505$5.2025%2896.3%79$3.43$8.63
Montana303$0.075$51.0012$4.687$2.7558%375.4%1$0.04$2.79
Nebraska112$0.038$36.805$2.170$0.000%00.0%1$0.01$0.01
Nevada404$0.025$194.0018$30.005$1.3028%520.7%2$0.41$1.71
New Hampshire101$0.015$90.0033$0.0033$0.00100%00.0%0$0.00$0.00
New Jersey808$0.150$325.3728$48.8015$10.8554%723.3%6$0.97$11.82
New Mexico000$0.000$0.000$0.000$0.00N/A00.0%0$0.00$0.00
New York099$0.878$391.00274$156.0045$18.6016%214.8%6$1.03$19.63
North Carolina26228$0.340$2,521.63241$328.6580$200.8833%5918.0%2$0.25$201.13
North Dakota303$0.005$407.0015$0.005$0.0033%00.0%6$1.97$1.97
Ohio4610$0.181$904.7875$41.5032$25.5143%1412.8%7$1.37$26.88
Oklahoma000$0.000$0.000$0.000$0.00N/A00.0%1$0.15$0.15
Oregon314$0.057$581.5723$26.359$0.9139%160.2%13$0.23$1.14
Pennsylvania10919$0.380$4,290.0095$24.4057$22.0060%580.5%5$0.50$22.50
Puerto Rico101$0.015$22.003$0.933$0.93100%624.2%0$0.00$0.93
Rhode Island011$0.008$46.006$0.480$0.000%00.0%4$0.31$0.31
South Carolina145$0.184$153.7232$54.537$10.2522%566.7%7$0.91$11.16
South Dakota101$0.006$29.005$0.333$0.3360%541.1%2$0.06$0.38
Tennessee101$0.012$65.1316$0.005$0.0031%00.0%5$0.59$0.59
Texas10010$0.221$1,315.6482$43.2525$9.1830%420.7%0$0.00$9.18
Utah011$0.040$20.005$0.945$0.94100%234.7%0$0.00$0.94
Vermont000$0.000$0.000$0.000$0.00N/A00.0%1$0.00$0.00
Virginia27027$0.335$407.0086$5.8060$9.9070%302.4%12$2.80$12.70
Washington022$0.064$123.0721$2.5114$2.2267%351.8%14$0.75$2.97
West Virginia000$0.000$0.000$0.000$0.00N/A00.0%13$0.81$0.81
Wisconsin044$0.228$2,300.0024$40.504$25.0017%1101.1%31$1.90$26.90
Wyoming000$0.000$0.000$0.000$0.00N/A00.0%3$0.01$0.01
Eastern Federal Lands303$0.080$35.0072$45.0015$25.0021%31371.4%2$0.23$25.23
Central Federal Lands404$0.075$41.1020$9.819$3.0145%407.3%1$0.01$3.03
Western Federal Lands000$0.000$0.000$0.000$0.00N/A00.0%0$0.00$0.00
Total159219378$12.507$32,257.452,950$2,941.861,224$1,006.4141.5%803.12%341$38.33$1,044.74
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Updated: 07/16/2014

FHWA
United States Department of Transportation - Federal Highway Administration