Systematic Application of Value Engineering Act of 1993 - Requires Federal agencies to apply value engineering, at a minimum, to identify and implement opportunities to reduce capital and operation costs and improve and maintain optimum quality of construction, administrative, program, acquisition, and grant projects. Requires Inspector General audits of reported agency savings attributable to such value engineering.
Introduced in House
Introduced in House
Referred to the House Committee on Government Operations.
Referred to the Subcommittee on Legislation and National Security.
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