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Department of Defense News Release (May 16, 2007): Department of Defense Value Engineering Achievement awards.


Deputy Under Secretary of Defense for Acquisition and Technology James Finley James Finley is the name of:
  • The Rev. James Finley (1725-1795), US Presbyterian minister
  • James I. Finley, current US politician
  • James Finley (engineer) (1756-1828), pioneer suspension bridge builder
 presented the annual Department of Defense Value Engineering Achievement awards during a May 16 ceremony at the Pentagon Pentagon

Huge five-sided building (1941–43) in Arlington, Va., that is the headquarters of the U.S. Department of Defense. Designed by George Edwin Bergstrom, it was, on its completion, the world's largest office building, covering 34 acres (14 hectares) and offering
.

During fiscal 2006, 3,473 in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
 value engineering proposals and contractor-initiated value engineering change proposals were accepted with projected savings/cost avoidance in excess of $1.6 billion.

Value Engineering identifies actions that reduce cost, increase quality, and improve mission capabilities across the entire spectrum of DoD systems, processes, and organizations. The program continues to be an incentive for government and industry counterparts to improve the joint value proposition by promoting innovation and creativity. These innovative proposals seek best value solutions as part of a successful business relationship.

The Value Engineering Awards Program is an acknowledgment acknowledgment, in law, formal declaration or admission by a person who executed an instrument (e.g., a will or a deed) that the instrument is his. The acknowledgment is made before a court, a notary public, or any other authorized person.  of exemplary achievement and encourages additional projects to improve in-house and contractor contractor n. 1) a person or entity that enters into a contract. 2) commonly, a person or entity that agrees to construct a building or to provide or install specialized portions of the construction.  productivity. Award winners from each DoD component were eligible for selection in the following five categories: program/project, individual, team, organization, and contractor. Additional special awards recognized innovative applications or approaches that expanded the traditional scope of value engineering use.

The list of award recipients can be found at <www.defenselink.mil/news/May2007/2006ValueEngineeringawardrecipients.pdf>.
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Title Annotation:Acquisition & Logistics Excellence
Publication:Defense AT & L
Date:Sep 1, 2007
Words:193
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