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/3 <br />ft <br />presentation at the end of the study. Our experience has shown that representatives of <br />the Design Architect/Engineer's firm and the Owner's staff who will review the VE team <br />recommendations should attend the oral presentation. All work prepared at the end of <br />the 40 -hour study will be complete with the back -up data, rationale, references, design <br />calculations, sketches, etc. that will be included in the preliminary VE study report. A <br />copy of this data will be given to the Designer at the conclusion of the oral presentation <br />so their personnel may begin working on responses while the preliminary VE report is <br />being prepared. <br />Post Value Engineering Stuft Phase <br />Upon completion of each value engineering workshop, the value engineering <br />consultant will prepare the Preliminary Value Engineering Report for submittal to the <br />Owner. The value engineering report will include the following: <br />• Project Description and Design Concept of Project. <br />• Original Design and Proposed Alternatives, showing sketches, <br />design calculations and a comparison of the cost of owning and <br />operating the facility. <br />• Life Cycle Cost Comparison. <br />• Potential Contract Savings. <br />