The Application of Value Focused Thinking to Utilities Privatization Source Selection

Focusing on the challenges of underfunded Department of Defense utility systems, the book outlines a strategic shift towards privatization to bridge the service gap with commercial providers. It emphasizes the importance of a structured decision-making process, employing a value-focused thinking approach to develop a standardized value model for evaluating contractor proposals. This model addresses key objectives like economic feasibility and security, offering a reliable tool for making informed, defendable decisions in utilities privatization, adaptable to various contexts and criteria.