United States Code (Last Updated: May 24, 2014) |
Title 41. PUBLIC CONTRACTS |
SubTitle I. Federal Procurement Policy |
Division B. Office of Federal Procurement Policy |
Chapter 17. AGENCY RESPONSIBILITIES AND PROCEDURES |
§ 1711. Value engineering
Latest version.
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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.
Historical And Revision
Historical and Revision Notes | ||
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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. |