News: Owners Developers & Managers

Value Assurance launches proprietary service

Boston, MA Value Assurance has launched its proprietary service offering, the Value Assurance Project Review (VAPR).

Central to the firm’s model is a savings guarantee: if a VAPR engagement does not yield savings that exceed the review fee, Value Assurance refunds the difference. If no savings are identified and accepted, the entire fee is returned. Value Assurance offers a complimentary pre-review ahead of every engagement to confirm that a full review will be worthwhile.

“We built Value Assurance around a simple conviction – our fee should never exceed the value we deliver, and the guarantee exists to prove it. Owners take on zero risk in engaging us,” said Caleb Manchester, co-founder and COO.

Traditional value engineering isn’t sufficient for modern development. Value Assurance’s clear, owner-aligned review is proven to save more, without sacrificing quality or finishes, and at no net cost. Sitting outside the project team—free from competing interests—the firm conducts an evidence-backed examination of construction drawings and specification sets to surface savings opportunities and risk before they become commitments.

In a recent engagement on a 300+ unit multifamily project, the VAPR process identified over $1.5 million in hard-cost savings - including MEP system efficiencies simplifications, redundant specification requirements, and overlooked structural—without any change to the project’s design intent, unit count, or market-facing finishes.

VAPR is timed to the construction document or pre-GMP stage and runs in parallel with ongoing design work—requiring no additional time on the project schedule and no disruption to the project team. Across engagements totaling more than $1 billion in reviewed project value, the process has delivered average hard-cost savings opportunities of 3.70%.

“Owners deserve an independent view of what they’re being asked to fund. VAPR provides that—a disciplined analysis of cost drivers that project teams are too close to see, delivered as part of the owner’s own process.” — Peter W. Bartash, Co-Founder and CEO of Value Assurance.

Each VAPR engagement produces a detailed Findings Report page linked to the construction documents that the project team can evaluate, adopt, and act on directly. The review targets areas that include design choices, building systems, code compliance pathways, and specification inconsistencies, identifying savings that can be realized without any impact to design intent or construction quality.

“Our approach is holistic and first principles based, since every project is unique. We examine what others overlook—legacy details, oversized systems, redundant specifications—and deliver evidence the team can act on with confidence.” — John Harding V, AIA, Co-Founder and Chief Assurance Officer.

The firm serves multifamily, mixed-use, and industrial developers, institutional investors and lenders, project executives, and owners’ representatives. The Value Assurance team brings interdisciplinary expertise across design, development, finance, construction, and project management, supported by proprietary technology and tools that enable systematic analysis at a level of depth and speed that traditional consulting cannot match.

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