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TABLE 2
FEDERAL-AID VALUE ENGINEERING STUDY COSTS FOR 10 MOST ACTIVE STAs PERFORMING VE
ESTIMATES, 19992003
No. of Federal-Aid VE Studies Cost of Federal-Aid VE Studies Average
STA In-house Consultant Total In-house Consultant Total Cost per
Study
Virginia 255 1 256 $4.01 $0.01 $4.03 $15,700
Florida 88 157 245 $1.68 $3.61 $5.28 $21,600
California 12 129 141 $2.66 $5.80 $8.46 $60,000
Texas 0 100 100 $0.00 $1.10 $1.11 $11,100
Pennsylvania 83 10 93 $0.22 $0.26 $0.48 $5,200
New Jersey 89 0 89 $1.10 $0.00 $1.10 $12,400
North Carolina 82 0 82 $0.21 $0.00 $0.21 $2,600
Tennessee 57 9 66 $0.27 $0.05 $0.32 $4,800
Washington 52 13 65 $0.43 $0.32 $0.76 $11,700
Ohio 17 43 60 $0.03 $0.62 $0.65 $10,800
Total 735 462 1,197 $10.61 $11.77 $22.40 $18,700*
Source: Annual Federal-Aid Value Engineering Summary Reports (11).
Note: Cost values in millions of dollars, except for Average Cost per Study.
*Average study costs for the 10 most active STAs.
Many STAs now have VE websites that are used to dis- specialists. Approximately 60% of the transportation agen-
seminate information internally or to consultants. This infor- cies surveyed indicated that the VE team leader "always" or
mation typically includes applicable policy, procedure, and "often" had to be a Certified Value Specialist. As such, the
guideline documents. VE workshop forms and agency suc- continued ability of SAVE through its certification program
cess stories may also be accessible on-line. to ensure that certified VE team leaders are available to lead
highway VE studies remains a critical role.
SAVE INTERNATIONAL INITIATIVES
MILES VALUE FOUNDATION
SAVE International, the U.S.-based professional society pro-
moting worldwide VM, has traditionally taken a supportive The MVF was established as "a non-profit public founda-
role regarding the application of VE in transportation. The tion dedicated to the advancement of the state-of-the-art of
society, originally named the Society of American Value VM through planning, research, and education." MVF is
Engineers, was formed in 1959 to promote the education and focused on
experiences of the value community in the United States. As
interest in VE extended to other countries, so did SAVE's · Creating and promoting teaching of the VM courses at
focus. Today, it enjoys strong working relationships with the university level,
affiliates and other value societies around the world. · Promoting public awareness, and
· Encouraging research and development through schol-
SAVE has forged ties with the AASHTO VE Technical arships and grant programs.
Committee as well. A member of the Technical Committee
typically leads a transportation-focused forum at the annual The foundation does not specifically have an influence
SAVE conference. on VE applications in transportation. However, MVF is an
excellent resource to value practitioners, academics, and
The society's primary role with respect to VE in trans- researchers. In addition, educational ties have been forged with
portation is in the education and certification areas. SAVE is several universities aimed at strengthening the value industry
the governing body responsible for the certification of value with the introduction of "entry level" value practitioners.