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Value Engineering

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FY 2012 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
VE Study DataVE Recommendation DataVE Change ProposalTotal
StateNumber of VE StudiesCost to Conduct VE
Studies
Estimated Costs of Projects StudiedNumber of Proposed VE Recommen-dationsValue of Proposed VE Recommen-dationsNumber of Approved VE Recommen-dationsValue of Approved
VE Recommen-dations
Recommen-dation Acceptance RateReturn On Investment% of Project Costs SavedNumber of Approved VE Change ProposalsValue of Approved VE Change ProposalsTotal
Savings
Achieved
In-HouseConsultantTotal
Alabama066$94,760$226,125,64720$20,148,1206$8,385,41630%883.7%0$0$8,385,416
Alaska112$82,835$143,093,69340$14,098,00028$7,387,50070%895.2%0$0$7,387,500
Arizona044$131,000$134,000,00040$16,400,00013$5,100,00033%393.8%5$346,000$5,446,000
Arkansas505$29,496$195,000,00021$16,182,9004$2,637,00019%891.4%0$0$2,637,000
California03434$1,446,000$1,843,281,000201$88,121,00090$64,309,00045%443.5%0$0$64,309,000
Colorado044$163,000$160,000,00056$22,763,35019$7,689,85034%474.8%8$324,750$8,014,600
Connecticut112$66,411$51,623,50013$4,979,4007$2,835,90054%435.5%0$0$2,835,900
Delaware202$4,000$86,000,00012$15,200,00012$15,200,000100%3,80017.7%0$0$15,200,000
District of Columbia022$105,196$117,432,05844$32,145,00031$19,617,80070%18616.7%0$0$19,617,800
Florida21820$1,200,000$4,900,000,000142$274,000,00078$113,000,00055%942.3%28$4,800,000$117,800,000
Georgia01515$492,499$1,670,287,815155$727,428,39766$264,409,62343%53715.8%4$346,178$264,755,801
Hawaii404$12,000$25,000,0003$8,800,0002$2,000,00067%1678.0%0$0$2,000,000
Idaho022$100,000$43,454,00061$25,000,0008$18,420,00013%18442.4%1$3,225$18,423,225
Illinois21416$802,500$651,560,000138$71,882,00030$10,185,00022%131.6%7$4,295,608$14,480,608
Indiana101$6,150$43,000,0005$00$00%00.0%0$0$0
Iowa404$45,000$322,000,00030$64,300,0006$7,826,00020%1742.4%25$2,407,849$10,233,849
Kansas145$196,231$629,872,17728$120,566,6989$34,326,70032%1755.4%1$136,936$34,463,636
Kentucky088$400,000$550,000,000155$139,634,000111$25,270,00072%634.6%8$1,307,578$26,577,578
Louisiana303$15,171$79,300,00011$187,0008$187,00073%120.2%2$658,205$845,205
Maine000$0$00$00$0NANANA1$35,506$35,506
Maryland022$213,000$54,512,00042$40,135,00017$3,885,00040%187.1%0$0$3,885,000
Massachusetts033$173,764$112,799,17243$11,313,95431$5,380,34172%314.8%3$1,343,111$6,723,452
Michigan145$300,000$300,000,00032$76,000,00014$2,945,00044%101.0%6$181,345$3,126,345
Minnesota088$344,014$242,935,47660$42,327,14040$28,752,00067%8411.8%5$515,532$29,267,532
Mississippi055$299,404$490,000,00040$66,838,57210$10,428,00025%352.1%4$40,310$10,468,310
Missouri404$23,017$127,760,74753$30,127,75242$12,774,57279%55510.0%64$4,540,582$17,315,154
Montana505$100,232$102,888,00023$13,843,00010$7,070,76743%716.9%0$0$7,070,767
Nebraska224$211,540$137,700,00011$2,971,0001$971,0009%50.7%0$0$971,000
Nevada224$27,000$1,700,000,0009$18,000,0007$16,000,00078%5930.9%2$300,000$16,300,000
New Hampshire000$0$00$00$0NANANA0$0$0
New Jersey538$165,000$303,991,00019$8,770,0008$2,935,00042%181.0%3$213,597$3,148,597
New Mexico000$0$00$00$0NANANA0$0$0
New York01414$1,430,000$6,021,000,000328$1,200,000,00078$337,000,00024%2365.6%9$784,770$337,784,770
North Carolina28028$280,000$2,583,400,000375$198,815,685150$21,076,51940%750.8%5$409,521$21,486,040
North Dakota101$2,600$25,000,0004$00$00%00.0%1$2,098,000$2,098,000
Ohio516$161,000$216,467,29227$11,464,97611$1,771,81541%110.8%8$3,188,862$4,960,677
Oklahoma202$3,250$156,240,00010$16,330,0000$00%00.0%0$0$0
Oregon415$86,000$344,728,00055$23,513,0009$5,788,00016%671.7%7$167,000$5,955,000
Pennsylvania121123$460,000$563,000,000115$29,000,00070$22,000,00061%483.9%8$868,000$22,868,000
Puerto Rico000$0$00$00$0NANANA0$0$0
Rhode Island112$56,676$42,000,00012$16,480,0001$4,700,0008%8311.2%1$0$4,700,000
South Carolina156$218,000$203,874,00044$49,693,16211$23,737,25225%10911.6%4$3,530,191$27,267,443
South Dakota101$3,000$29,203,0005$24,000,0001$100,00020%330.3%2$167,000$267,000
Tennessee202$7,000$71,600,0001$31,000,0001$10,797,000100%1,54215.1%5$1,159,708$11,956,708
Texas01616$348,858$624,780,583126$3,320,01149-$20,716,53139%-59-3.3%0$0-$20,716,531
Utah000$0$00$00$0NANANA0$0$0
Vermont011$90,000$57,000,00037$4,048,00015$4,198,00041%477.4%2$518,694$4,716,694
Virginia33134$320,056$940,615,09859$32,060,31633$9,250,02056%291.0%17$1,300,000$10,550,020
Washington459$567,400$1,797,000,00070$84,700,00017$5,000,00024%90.3%27$1,910,168$6,910,168
West Virginia101$16,000$27,400,0006$766,4161$207,92817%130.8%9$2,380,000$2,587,928
Wisconsin055$302,000$1,000,000,00049$61,360,0609$5,845,00018%190.6%28$1,442,184$7,287,184
Wyoming000$0$00$00$0NANANA3$203,000$203,000
Eastern Federal Lands224$232,700$35,000,00045$7,500,00012$7,500,00027%3221.4%0$0$7,500,000
Central Federal Lands505$150,000$90,714,44430$16,814,10015$6,939,14050%467.6%0$0$6,939,140
Western Federal Lands000$0$00$00$0NANANA0$0$0
Total147205352$11,983,760$30,272,638,7022,905$3,783,028,0091,191$1,145,122,61241.0%963.78%313$41,923,410$1,187,046,022
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Updated: 07/16/2014

FHWA
United States Department of Transportation - Federal Highway Administration