VALUE ENGINEERING

Value Engineering Definition: an organized approach of designing a product which meets customer needs, meets required standards of quality and reliability, while identifying and eliminating unnecessary cost. Cost which provides neither use, nor quality, nor appearance, nor customer features. Example projects and the savings realized from value engineering:

1000 E. Apache    $.4 Million
1949 E. University   $.7 Million
Barino Courier Condos   $1.0 Million
Casino Del Sol   $1.2 Million
Centerpoint Hotel   $2.5 Million
Central Park East Parking Structure $.8 Million
City North (Phase 2)(Multiple buildings)   $1.5 Million
City Scape (Phase 1)   $1.5 Million
Ft. McDowell Casino   $1.0 Million
Hayden Ferry Phase 3   $.8 Million
Hines Building (24th & Camelback)    $1.7 Million
Hospice     $.5 Million
Landmark (1 & 2)   $2.0 Million
Marriott Tucson    $.4 Million
Portland Embassy Suite   $1.0 Million
Ryan Building (32nd & Camelback)   $.5 Million
Scottsdale One    $10 Million
Utah Parking Structure   $.3 Million