Bureaucrats Approve Endless Paper Chase for Project Cost Cuts
Published Date: 5/27/2025
Notice
Summary
The government wants to keep collecting info about value engineering, which helps save money and improve projects. This affects businesses and agencies that work on government contracts, making sure they keep using smart, cost-saving methods. The review is about extending the current rules, so no big changes or new costs are expected right now.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Value Engineering Info Collection Continues
The government is asking OMB to extend an existing information collection about value engineering, which is used to save money and improve government projects. If you are a business or agency that works on government contracts, you will continue to be required to provide value engineering information under the current rules; the review is to extend those rules and no big changes or new costs are expected right now.
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Key Dates
Department and Agencies
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