Commonwealth Competition Council of Virginia
Commonwealth Competition Council of Virginia
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Virginia's Privatization/Competition Blueprint for Success

Champion
  • The Governor and General Assembly worked together to implement and support a privatization/competition framework
  • Implementation Structure
  • The Governor and the General Assembly enacted the Virginia Government Competition Act of 1995
  • The Act created the Commonwealth Competition Council
  • Monitoring and Oversight
  • Monitoring and oversight are essential elements in the delivery of public services
  • This cost is included in the Commonwealth Competition Council's Cost Comparison Program
  • Reliable Cost Data and Comparisons
  • The Commonwealth Competition Council developed a unique Cost Comparison Program, "COMPETE," to support informed privatization/competition decisions and to assess overall performance
  • Strategies for Workforce Transition
  • Employee Stock Ownership Plans (ESOPs)
  • Right of first refusal with private company
  • Managed competition
  • Creating a safety net (early retirement, career planning, placement in other government jobs, and job transition services)
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