PUBLIC LAW 104-106—FEB. 10, 1996 110 STAT. 665 (4) The table of contents for the Department of Energy Organization Act is amended by striking out the items relating to part A of title VI including sections 601 through 603. (5) The table of contents for the Energy Policy and Conservation Act is amended by striking out the item relating to section 522. SEC. 4305. FURTHER ACQUISITION STREAMLINING PROVISIONS. (a) PURPOSE OF OFFICE OF FEDERAL PROCUREMENT POLICY. — (1) REVISED STATEMENT OF PURPOSE.—Section 5(a) of the Office of Federal Procurement PoHcy Act (41 U.S.C. 404) is amended to read as follows: "(a) There is in the Office of Management and Budget an Office of Federal Procurement Policy (hereinafter referred to as the 'Office') to provide overall direction of Government-wide procurement policies, regulations, procedures, and forms for executive agencies and to promote economy, efficiency, and effectiveness in the procurement of property and services by the executive branch of the Federal Government.". (2) REPEAL OF FINDINGS, POLICIES, AND PURPOSES.— Sections 2 and 3 of such Act (41 U.S.C. 401 and 402) are repealed. (b) REPEAL OF REPORT REQUIREMENT.— Section 8 of the Office of Federal Procurement Policy Act (41 U.S.C. 407) is repealed. (c) OBSOLETE PROVISIONS. — (1) RELATIONSHIP TO FORMER REGULATIONS.— Section 10 of the Office of Federal Procurement Policy Act (41 U.S.C. 409) is repealed. (2) AUTHORIZATION OF APPROPRIATIONS.—Section 11 of such Act (41 U.S.C. 410) is amended to read as follows: "SEC. 11. AUTHORIZATION OF APPROPRIATIONS. "There is authorized to be appropriated for the Office of Federal Procurement Policy each fiscal year such sums as may be necessary for carrying out the responsibilities of that office for such fiscal year. ". (d) CLERICAL AMENDMENTS.— The table of contents for the Office of Federal Procurement Policy Act (contained in section 1(b)) is amended by striking out the items relating to sections 2, 3, 8, and 10. SEC. 4306. VALUE ENGINEERING FOR FEDERAL AGENCIES. (a) USE OF VALUE ENGINEERING.— The Offiice of Federal Procurement Policy Act (41 U.S.C. 401 et seq.), as amended by section 4203, is further amended by adding at the end the following new section: "SEC. 36. VALUE ENGINEERING. 41 USC 432. "(a) IN GENERAL.— Each executive agency shall establish and maintain cost-effective value engineering procedures and processes. "(b) DEFINITION. — As used in this section, the term 'value engineering' means an analysis of the functions of a program, project, system, product, item of equipment, building, facility, service, or supply of an executive agency, performed by qualified agency or contractor personnel, directed at improving performance, reliability, quality, safety, and life cycle costs.".
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