Managed competition means a competitive process between a state agency and the private sector in which (i) the state agency submits its own proposal after completing the fully allocated cost of the commercial activity and (ii) the proposal is based on its most efficient proposed organization to compete with a private sector bid or proposal for the provision of the commercial activity.
Managed competition means a competitive process between a state agency and the private sector in which (i) the state agency submits its own proposal after completing the fully allocated cost of the commercial activity and (ii) the proposal is based on its most efficient proposed
Examples of Managed competition in a sentence
Managed competition was adopted without legislation and with little advance preparation.
Managed competition is a structured, transparent process that allows public sector employees to be openly and fairly compared with independent contractors for the right to deliver services.
Managed competition extended to the entry and activity of foreign firms.
Managed competition, governmentality and institutional response in the United Kingdom.
Managed competition, on the other hand, is intended to reform the market for health insurance, by subjecting insurers to a regulatory framework designed to minimise risk selection and to transform insurers into purchasers of services (Street, 1994).
More Definitions of Managed competition
Managed competition means that big insurance companies will put together huge conglomerates of health-care institutions, hospitals, clinics, labs and so on. Various bargaining units will be set up to determine which of these conglomerates to work with. That's supposed to introduce some kind of market forces.
Managed competition means transparent, open competitive bidding for service contracts by independent contractors and municipal departments.
Managed competition means a process by which
Managed competition means the process established in section 11 of this act by which state employees compete with private entities for the provision of services, other than core services, traditionally provided by government.
Managed competition means a competitive process between a
Managed competition means a process that allows both state agencies and other enti- ties to submit competitive bids to provide designated state services, which process takes into account the true cost-accounting costs for state agencies. Managed competition may result in multiple providers, which may be state agencies or nongovernmental entities, of the same designated state service to state agencies. The use of managed competition shall not preclude the use of other entrepreneurial steps in any area.
Managed competition means a process that allows both state government entities or units and nonstate entities to provide bids for government services. The process may result in multiple providers. The process shall take into account the true cost accounting costs for state government entities. The use of managed competition shall not preclude the use of other entrepreneurial steps in any area.