DOD Powers up PROGRESS IN PRIVATIZING

Safe, reliable energy supplies and utility services are essential to completing military missions and supporting the quality of life of military personnel and their families. However, after years of inadequate funding, the utility systems at many military installations do not meet industry standards...

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Bibliographic Details
Published in:The Military engineer 2003-07, Vol.95 (624), p.23-24
Main Authors: Marrs, Rick, Krachman, Al
Format: Magazinearticle
Language:English
Subjects:
Capital investments
Due diligence
Military defense
Navies
POWER: SYSTEMS & SECURITY
Private sector
Privatization
Public utilities
Utilities costs
Online Access:Get full text
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Summary:Safe, reliable energy supplies and utility services are essential to completing military missions and supporting the quality of life of military personnel and their families. However, after years of inadequate funding, the utility systems at many military installations do not meet industry standards. By taking advantage of the entrepreneurship, innovations, competition driven efficiencies, financing and economies of scale of the private sector, long-term partnerships with the utility industry will help address this challenge. For nearly a decade, Department of Defense (DOD) leaders have sought to modernize the military's $50 billion utilities infrastructure through privatization. In a recent memorandum from Deputy Secretary of Defense Paul Wolfowitz, the DOD reaffirmed its commitment to privatize all military utility systems, unless privatization is uneconomical or security needs require continued federal ownership. His memo set forth guidance for the military's Utilities Privatization Program (UPP), capping off a concerted effort to strengthen and revitalize privatization efforts.
ISSN:0026-3982