FY 2016 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
| State | VE Study Data | VE Recommendation Data | VE Change Proposal | Total | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of VE Studies | Cost to Conduct VE Studies | Estimated Costs of Projects Studied | Number of Proposed VE Recommen-dations | Value of Proposed VE Recommen-dations | Number of Approved VE Recommen-dations | Value of Approved VE 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 | 0 | 0 | 0 | $3 | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 2 | $15,064 | $15,064 |
| Alaska | 0 | 1 | 1 | $79,444 | $41,678,172 | 22 | $3,966,000 | 6 | $3,522,000 | 27% | 44 | 8.5% | 3 | $522,763 | $4,044,763 |
| Arizona | 0 | 5 | 5 | $138,000 | $461,610,000 | 29 | $60,270,000 | 10 | $(11,870,000) | 34% | -86 | -2.6% | 1 | $79,876 | -$11,790,124 |
| Arkansas | 3 | 0 | 3 | $40,600 | $307,800,000 | 15 | $5,773,000 | 2 | $377,000 | 13% | 9 | 0.1% | 4 | $2,179,098 | $2,556,098 |
| California | 0 | 19 | 19 | $925,500 | $1,421,900,000 | 121 | $328,609,000 | 58 | $132,587,000 | 48% | 143 | 9.3% | 18 | $1,397,500 | $133,984,500 |
| Central Federal Lands | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 1 | $24,096 | $24,096 |
| Colorado | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 7 | $280,000 | $280,000 |
| Connecticut | 5 | 4 | 9 | $400,000 | $514,040,000 | 32 | $65,586,013 | 16 | $(16,948,051) | 50% | -42 | -3.3% | 0 | $- | -$16,948,051 |
| Delaware | 1 | 0 | 1 | $45,000 | $190,000,000 | 74 | $55,000,000 | 25 | $55,000,000 | 34% | 1,222 | 28.9% | 3 | $72,276 | $55,072,276 |
| Florida | 6 | 22 | 28 | $1,300,000 | $4,900,000,000 | 166 | $440,600,000 | 84 | $165,000,000 | 51% | 127 | 3.4% | 29 | $9,760,000 | $174,760,000 |
| Georgia | 0 | 0 | 0 | $108,975 | $179,391,105 | 38 | $39,537,407 | 0 | $- | 0% | 0 | 0.0% | 2 | $773,894 | $773,894 |
| Hawaii | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| Idaho | 0 | 1 | 1 | $35,000 | $ 23,000,000 | 2 | $1,000,000 | 1 | $1,000,000 | 50% | 29 | 4.3% | 0 | $- | $1,000,000 |
| Illinois | 0 | 4 | 4 | $227,610 | $567,000,000 | 39 | $40,590,000 | 13 | $35,612,000 | 33% | 156 | 6.3% | 2 | $55,000 | $35,667,000 |
| Indiana | 0 | 1 | 1 | $10,000 | $ 42,862,000 | 4 | $1,743,000 | 4 | $1,743,000 | 100% | 174 | 4.1% | 49 | $1,889,814 | $3,632,814 |
| Iowa | 0 | 1 | 1 | $35,000 | $113,000,000 | 3 | $841,000 | 1 | $48,000 | 33% | 1 | 0.0% | 18 | $2,068,795 | $2,116,795 |
| Kansas | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| Kentucky | 0 | 2 | 2 | $92,131 | $ 79,876,953 | 68 | $6,880,732 | 25 | $383,614 | 37% | 4 | 0.5% | 1 | $23,898 | $407,512 |
| Louisiana | 0 | 3 | 3 | $161,000 | $315,000,000 | 34 | $59,263,067 | 3 | $13,145,106 | 9% | 82 | 4.2% | 0 | $- | $13,145,106 |
| Maine | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| Maryland | 0 | 2 | 2 | $125,397 | $ 90,000,000 | 70 | $27,801,085 | 11 | $122,593 | 16% | 1 | 0.1% | 2 | $501,016 | $623,609 |
| Massachusetts | 0 | 2 | 2 | $145,323 | $108,251,120 | 12 | $13,970,107 | 4 | $221,088 | 33% | 2 | 0.2% | 0 | $- | $221,088 |
| Michigan | 0 | 7 | 7 | $489,160 | $438,000,000 | 56 | $29,000,000 | 6 | $13,600,000 | 11% | 28 | 3.1% | 12 | $771,270 | $14,371,270 |
| Minnesota | 0 | 16 | 16 | $865,000 | $817,300,000 | 128 | $123,500,000 | 95 | $78,400,000 | 74% | 91 | 9.6% | 6 | $280,000 | $78,680,000 |
| Mississippi | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| Missouri | 2 | 0 | 2 | $15,840 | $ 63,500,000 | 10 | $12,140,974 | 1 | $8,791,002 | 10% | 555 | 13.8% | 29 | $2,426,782 | $11,217,784 |
| Montana | 2 | 2 | 4 | $123,700 | $ 47,531,000 | 21 | $8,916,000 | 10 | $1,834,000 | 48% | 15 | 3.9% | 1 | $146,180 | $1,980,180 |
| Nebraska | 0 | 2 | 2 | $300,000 | $100,000,000 | 14 | $5,250,000 | 5 | $1,850,000 | 36% | 6 | 1.9% | 0 | $- | $1,850,000 |
| Nevada | 0 | 3 | 3 | $77,031 | $23,690,000 | 13 | $31,580,000 | 4 | $2,960,000 | 31% | 38 | 12.5% | 4 | $430,504 | $3,390,504 |
| New Hampshire | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| New Jersey | 5 | 0 | 5 | $113,338 | $488,100,000 | 40 | $35,000,000 | 11 | $- | 28% | 0 | 0.0% | 2 | $1,036,965 | $1,036,965 |
| New Mexico | 0 | 2 | 2 | $- | $20,000 | 70 | $200,000 | 15 | $- | 21% | 0 | 0.0% | 0 | $- | $0 |
| New York | 0 | 2 | 2 | $177,100 | $180,300,000 | 31 | $25,092,000 | 8 | $436,000 | 26% | 2 | 0.2% | 5 | $170,483 | $606,483 |
| North Carolina | 6 | 2 | 8 | $100,000 | $663,600,000 | 54 | $181,800,118 | 1 | $584,000 | 2% | 6 | 0.1% | 2 | $1,677,356 | $2,261,356 |
| North Dakota | 1 | 2 | 3 | $78,716 | $95,986,264 | 21 | $6,554,534 | 5 | $788,734 | 24% | 10 | 0.8% | 3 | $563,969 | $1,352,703 |
| Ohio | 1 | 0 | 1 | $77,151 | $96,574,648 | 13 | $10,011,225 | 7 | $5,134,000 | 54% | 67 | 5.3% | 11 | $2,919,941 | $8,053,941 |
| Oklahoma | 1 | 0 | 1 | $645 | $51,701,800 | 5 | $2,546,707 | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| Oregon | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 6 | $289,727 | $289,727 |
| Pennsylvania | 0 | 4 | 4 | $110,000 | $370,000,000 | 19 | $8,245,000 | 12 | $5,660,529 | 63% | 51 | 1.5% | 0 | $- | $5,660,529 |
| Puerto Rico | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| Rhode Island | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 1 | $48,028 | $48,028 |
| South Carolina | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| South Dakota | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 0 | $- | $0 |
| Tennessee | 1 | 1 | 2 | $114,518 | $100,000,000 | 8 | $38,500,000 | 3 | $33,500,000 | 38% | 293 | 33.5% | 4 | $850,102 | $34,350,102 |
| Texas | 0 | 17 | 17 | $373,523 | $2,791,612,049 | 181 | $766,931,916 | 66 | $263,154,787 | 36% | 705 | 9.4% | 0 | $- | $263,154,787 |
| Utah | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 2 | $128,000 | $128,000 |
| Vermont | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 1 | $634,763 | $634,763 |
| Virginia | 20 | 2 | 22 | $483,871 | $398,086,662 | 44 | $15,168,348 | 23 | $12,000,000 | 52% | 25 | 3.0% | 14 | $784,449 | $12,784,449 |
| Washington | 5 | 3 | 8 | $68,000 | $450,000,000 | 33 | $141,000,000 | 14 | $50,000,000 | 42% | 735 | 11.1% | 14 | $6,979,940 | $56,979,940 |
| West Virginia | 0 | 0 | 0 | $- | $- | 0 | $- | 0 | $- | 0% | 0 | 0.0% | 3 | $468,027 | $468,027 |
| Wisconsin | 0 | 3 | 3 | $140,000 | $112,000,000 | 24 | $28,000,000 | 10 | $3,000,000 | 42% | 21 | 2.7% | 24 | $1,574,069 | $4,574,069 |
| Wyoming | 0 | 4 | 4 | $103,398 | $41,389,310 | 51 | $12,552,000 | 20 | $6,508,245 | 39% | 63 | 15.7% | 2 | $496,908 | $7,005,153 |
| Total | 59 | 139 | 198 | $7,679,973 | $16,684,801,083 | 1,565 | $2,633,419,233 | 579 | $868,144,647 | 37% | 113 | 5.2% | 288 | $42,320,553 | $910,465,200 |