How does competitive review differ from privatization?
Some think competitive Review is synonymous with privatization. This assumption is not correct. Under competitive Review there is managed competition between the public and private sector to determine the most cost effective methods of accomplishing a function. Privatization refers to a decision by the government to get out of a given line of business and turn over operations and possibly assets to a contractor to perform that business, with or without competition. Privatization is the process of changing a government program to private management, control and/or ownership. Under privatization, the government no longer retains responsibility or control over the delivery of the privatized goods or services, depending on the privatization model used.
