Value Engineering Services
CSG Value Engineering is an organized approach to optimizing cost and performance of a facility and to identify items that add cost without contributing to function. In evaluating the quality, function, life, and appearance, of required features of a facility, the value engineering team attempts to maximize value without reducing quality below required levels.
CSG's Primary Focus is Life Cycle Value
CSG places primary emphasis on obtaining maximum lifecycle value within the project budget. Improved value can be represented in a number of ways such as improved function, flexibility, expandability, maintainability and aesthetics, as well as reduced life-cycle cost. First-cost reductions achieved to bring a project within approved budgets are not considered nor reported as VE “savings”. VE first cost savings are only those dollars withdrawn from approved budgets and reallocated to other uses, all as a result of VE.
Over the last ten years CSG has completed value engineering studies on 33 schools in Washington, totaling 2.67 million square feet with a value of over $700 million. Over $22 million in VE recommendations were accepted by the design team and/or the school district, saving $11 for each dollar spent on the VE study.
Value Engineering is a Continuous Process
For maximum effect, CSG provides VE services beginning early in the Conceptual Design process, continuing through Schematic Design with the formal review occurring at early Design Development and culminating with Construction Documents if necessary.