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 <subject>Cost analysis</subject>
 <subject>Defense cost control</subject>
 <subject>Defense economic analysis</subject>
 <subject>Economic analysis</subject>
 <subject>Fair market value</subject>
 <subject>Military facilities</subject>
 <subject>Privatization</subject>
 <subject>Program evaluation</subject>
 <subject>Strategic planning</subject>
 <subject>Electric utilities</subject>
 <subject>Contract oversight</subject>
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 <title>Defense Infrastructure: Management Issue Requiring Attention in Utility Privatization</title>
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<abstract>Department of Defense (DOD) installations have about 2,600
electric, water, wastewater, and natural gas utility systems	 
valued at about $50 billion. In 1997, DOD decided that utility	 
privatization was the preferred method for improving utility	 
systems and services and the Congress approved legislative	 
authority for privatizing utility systems at military		 
installations with Public Law No. 105-85. Because of the costs	 
and long-term implications of DOD&apos;s utility privatization	 
program, GAO reviewed the program to determine (1) the program&apos;s 
status, (2) whether the services&apos; estimates of long-term savings 
from utility privatization projects are reliable, (3) how DOD	 
implements the fair market value requirement for conveyed utility
systems, and (4) whether other issues impact the effectiveness of
DOD&apos;s execution of the program.</abstract>
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 <topic>Defense cost control</topic>
 <topic>Defense economic analysis</topic>
 <topic>Economic analysis</topic>
 <topic>Fair market value</topic>
 <topic>Military facilities</topic>
 <topic>Privatization</topic>
 <topic>Program evaluation</topic>
 <topic>Strategic planning</topic>
 <topic>Electric utilities</topic>
 <topic>Contract oversight</topic>
 <topic>Performance measures</topic>
 <topic>Program goals or objectives</topic>
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  <partNumber>Title 10 Section 2688</partNumber>
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 <identifier type="USC citation">10 U.S.C. 2688</identifier>
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  <title>United States Public Law 85 (105th Congress)</title>
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 <identifier type="public law citation">Public Law 105-85</identifier>
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  <title>United States Public Law 136 (108th Congress)</title>
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 <identifier type="public law citation">Public Law 108-136</identifier>
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