When the government of the city of Sandy Springs in Georgia decided to bring in a multinational corporation to run all of the city's services -- with the exception of police and firefighting -- it effectively became the first fully privatized city in the world.
It's a trend that is already spreading fast, with four new cities launched in the last three years, all of them run by the same company, defense contractors CH2M Hill.
Watch part 2 of this special here.
CH2M HILL is a global provider of engineering, construction, and operations services for corporations, nonprofits, and federal, state, and local governments. The firm was named by Fortune magazine as number 54 of the top 100 companies to work for in 2008.[1] The firm is headquartered in the Denver suburb of Meridian, Colorado, though the postal designation of nearby Englewood is commonly listed as the company's location in corporate filings and local news accounts. As of July, 2008 CH2M HILL employes 24,000 workers,[2] and 2007 revenues totaled over $5.1 billion.[3] The firm is entirely employee-owned,[4] with an internal stock market that operates buy/sell events quarterly.
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