The white paper, Condensate Polisher Savings of 23% Realized Through Value Engineering, shows how a value engineering team comprised of personnel from a well-known university, Res-Kem Corp, and a mechanical contractor yielded the best system for the money.
These savings substantially improved the return on investment. This was accomplished without making any compromises on the installation costs, reliability of operation, or desired operating efficiency of the powerhouse.
All the qualified bids exceeded the set aside level of funding. During the time lag between project approval and initiation of the bidding process, a number of variables arose which collectively now jeopardized the project in its entirety.
In an attempt to move the project forward, it was decided the university utility manager would work directly with the condensate polisher manufacturer and the winning bid mechanical contractor to see how best to value engineer the product offering. The targeted goal of the value engineering team was to reduce the purchase price of the condensate polisher by a minimum of twenty percent. This together with some labor saving initiatives taken on by the mechanical contractor installing the system would hopefully rescue the project.
As shown in the above summary, the benefits of joining together a team of knowledgeable and experienced individuals can be readily apparent. This is particularly true when the individuals come to the task with complementary but differing skill sets combined with a shared sense of purpose.