Publication:
Financing the DOD acquisition budget: innovative uses of public-private partnerships

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Authors
Jankowski, Patrick
McGee, Michael
Lehmann, Matthew
Subjects
Public Private Partnerships
Private Finance Initiative
PPP/PFI
HM Treasury
NAO
National Audit Office
Medium Support Helicopter Support Aircrew Facility
Joint Services Command and Staff College
Armidale patrol boats
risk sharing,;
Advisors
San Miguel, Joseph G.
Shank, John K.
Summers, Don
Date of Issue
2006-06
Date
June 2006
Publisher
Monterey California. Naval Postgraduate School
Language
Abstract
This project identifies a need for alternative financing options in the Department of Defense (DOD) to provide increased capability to the warfighter in todayb2ss exigent military environment. Further, this project compares the history of Public-Private Partnerships in the U.S. Government with the United Kingdom (UK) Ministry of Defense (MOD). We intend to showcase the increased capabilities currently enjoyed by the UK MOD from entering into these agreements. Additionally, it will provide an in depth look of three Private Finance Initiatives (PFI) that Serco Inc. has undertaken and future prospects for the private financing technique. Finally, this analysis will evaluate the value for money gained by using Public-Private Partnerships through proper risk transfer in lieu of Full Up-Front Funding. The examination concludes that continued and expanded use of Public-Private Partnerships provides increased real time capability to DOD while supporting private industry. Public-Private Partnership agreements may not always be the most inexpensive means of procurement from a purely financial standpoint. However, this relationship provides several tangible real time benefits to the government and seeks to reduce the full life cycle cost.
Type
Description
MBA Professional Report
Department
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
xiv, : col. ill. ; 28 cm.
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
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