§ 1711. Value engineering
§ 1711.
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.