Value engineering

Each executive agency shall establish and maintain cost-effective procedures and processes for analyzing the functions of a program, project, system, product, item of equipment, building, facility, service, or supply of the agency. The analysis shall be— (1) performed by qualified agency or contractor personnel; and (2) directed at improving performance, reliability, quality, safety, and life cycle costs. (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3718.) Historical and Revision Notes Revised Section Source (U.S. Code) Source (Statutes at Large) 1711 41:432. Pub. L. 93–400, § 36, as added Pub. L. 104–106, title XLIII, § 4306(a), Feb. 10, 1996, 110 Stat. 665.