Rand Simberg also notes a problem for long term government prizes. There would be no guarantee that a future Congress wouldn’t rescind it, creating a great deal of uncertainty and risk for someone who wanted to pursue it. This can be overcome by crafting a series of shorter term prizes.
I would like readers can discuss in the comments, what would be the most efficient and effective series of space prizes to achieve a permanent lunar base. Try to stay in the budget of $2 billion per year from 2013-2020. $14 billion. Also, suggestions for re-allocating other parts of NASA budget can be suggested as well. Things like beefing up support for commercial launch systems.
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