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Spend Your Budget Wisely
Is your over-budget project keeping you awake at night? Would you like to bring back your
project within budget?
An overwhelming number of construction projects across their budgets due to various
reasons. You start out with a budget and then as the construction progresses, you see extra costs
piling up. As a result, your construction bids also go up, raising concerns about your profitability.
Surely, you want to save as much as you can on your project so that your profit margin stays
higher. Among various building components, your MEP systems are often responsible for
increasing the costs and going beyond your budget.
Maybe you didn’t choose the right size of the MEP system; perhaps you over-engineered your design
with unnecessary aspects; maybe your electrical room size is bigger than required- there can be
many reasons why your MEP systems and installation suffer from high costs. Instead of losing
heart, you can successfully bring down the cost of your project without compromising
functionality through a comprehensive value engineering service.
Nearby Engineers is masters of unearthing opportunities for savings and can help you complete your project within your budget or even less! Our
value engineers know how to eliminate unnecessary aspects from your design without reducing the value or comfort of your occupants so that you
can enjoy maximum return on investment.
We ensure that your systems comply with necessary local, state, and federal regulations and bring them down to code minimum to save you
money. Our expert engineers know how to spot potential opportunities for cost savings from projects of any nature, whether commercial, residential
or industrial.
Our value engineering service comes free of any risks as we won’t charge you a single cent if we are unable to save you any money. Although, you can
always be sure of potential savings as we have already helped countless clients save a total of $50 million out of their MEP systems.
If you want to increase your profitability and reduce unnecessary expenses, we are ready to help you with our value engineering service.

What does Value Engineering Entail?
According to the Society of American Value Engineers International (SAVE International), value engineering is the
process of optimizing projects and processes so that owners can benefit from reduced costs, improved
performance and quality, increased satisfaction, and higher profits.
The National Institute of Building Sciences put it as a set of disciplined methodologies that aims for optimum value
for initial and long-term investment. Value engineering, thus, is a creative and organized effort to analyze the
requirements of a project so that you can ensure the essential functions at the lowest possible costs.
Contrary to popular belief, value engineering is not a cost-cutting process. We are not looking to save you money
by eliminating essential functions or using low-quality systems. Instead, we conduct a thorough investigation
focusing on value and economy to determine alternative design approaches, materials, and construction
techniques for meeting the client’s requirements without compromising function or value.
Our multidisciplinary team can take the help of various methods to reduce costs while maintaining value. Some of them include-
•Removing or modifying components or systems that aren’t necessary for essential functions
•Eliminating over-engineering of systems
•Using alternative design approaches to achieve value at lower costs
•Modifying or replacing components to improve performance or quality to meet owner requirements
Let’s take an example to show you how you can benefit from value engineering. One of the most common scopes of cost savings, as we have seen over the
years, lies in oversized systems. Such systems create various issues when it comes to the consolidation of equipment and the optimum layout of engineering
communications. Often, the system designs don’t consider the local market or climate conditions.
Oversized systems will also need more space to house mechanical equipment, piping, and ductwork. They are also not efficient in terms of controlling humidity
levels effectively which impacts the architectural and structural aspects as well.
When you take the help of value engineering at the right time, you can easily identify such oversized systems and components and take remedial measures. We
will help you determine the perfect system size for your facility so that you don’t end up spending more than necessary.
Value engineering, in simple words, is the process of creating optimum value for every dollar spent on your project. You can take the help of value engineering
throughout the design process to control your costs on the project budget. We enhance your value by choosing items that offer maximum value at a minimal
cost and meet the applicable codes and regulations.
YOUR GUIDE TO SAVINGS AND VALUE