Public Works Financing: Value for Money (VfM) has come to imply a very specific type of risk-adjusted present-value analysis which often implies more precision than it really has. It also implies that there are two binary choices when there are myriad choices each with their own pros and cons.
Proposition: We need a different way to analyze procurement options in the U.S. that does not rely on such a rigid process for making important public policy decisions.
Discussion leader Mike Parker, Ernst & Young
View PWF P3 Research Roundtable webcast 1/14