23 CFR 627.1 - Purpose and applicability.
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§ 627.1
Purpose and applicability.
(a)
This regulation will establish a program to improve project quality, reduce project costs, foster innovation, eliminate unnecessary and costly design elements, and ensure efficient investments by requiring the application of value engineering (VE) to all Federal-aid highway projects on the National Highway System (NHS) with an estimated cost of $25 million or more.
(b)
In accordance with the Federal-State relationship established under the Federal-aid highway program, State transportation departments (STDs) shall assure that a VE analysis has been performed on all applicable projects and that all resulting, approved recommendations are incorporated into the plans, specifications and estimate.
[62 FR 6868, Feb. 14, 1997, as amended at 67 FR 75924, Dec. 10, 2002]
Effective Date Note:
At 77 FR 15254, March 15, 2012, part 627 was revised, effective Apr. 16, 2012. For the convenience of the user, the revised text is set forth as follows:
PART 627—VALUE ENGINEERING
§ 627.1
Purpose and applicability.
(a)
The purpose of this part is to prescribe the programs, policies and procedures for the integration of value engineering (VE) into the planning and development of all applicable Federal-aid highway projects.
(b)
Each State transportation agency (STA) shall establish and sustain a VE program. This program shall establish the policies and procedures identifying when a VE analysis is required. These policies and procedures should also identify when a VE analysis is encouraged on all other projects where there is a high potential to realize the benefits of a VE analysis.
(c)
The STAs shall establish the policies, procedures, functions, and capacity to monitor, assess, and report on the performance of the VE program, along with the VE analyses that are conducted and Value Engineering Change Proposals (VECP) that are accepted. The STAs shall ensure that its subrecipients conduct VE analyses in compliance with this part.
Title 23 published on 2012-04-01
no entries appear in the Federal Register after this date.
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