Public–private partnership

A public–private partnership (PPP or 3P or P3) is a government service or private business venture that is funded and operated through a partnership of government and one or more private sector companies.

PPP involves a contract between a public sector authority and a private party, in which the private party provides a public service or project and assumes substantial financial, technical and operational risk in the project. In some types of PPP, the cost of using the service is borne exclusively by the users of the service and not by the taxpayer. In other types (notably the private finance initiative), capital investment is made by the private sector on the basis of a contract with government to provide agreed services and the cost of providing the service is borne wholly or in part by the government. Government contributions to a PPP may also be in kind (notably the transfer of existing assets). In projects that are aimed at creating public goods like in the infrastructure sector, the government may provide a capital subsidy in the form of a one-time grant, so as to make it more attractive to the private investors. In some other cases, the government may support the project by providing revenue subsidies, including tax breaks or by removing guaranteed annual revenues for a fixed time period.

Latest News for: Public private partnership

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NASA Funds Demo of 3D-Printed Spacecraft Parts Made and Assembled in Orbit

Space Coast Daily 16 Jul 2019
public-private partnership combines NASA resources with an industry contribution ... The public-private partnership combines NASA resources with an industry contribution of at least 25% of the program costs, shepherding the development of critical space technologies while also saving the agency, and American taxpayers, money....
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Hawaii health care pilot program reduces non-critical emergency room visits

Business Journal 16 Jul 2019
The program, which was made successful through its ability to convene public and private stakeholders, was a result of partnership with health care industry leaders at The Queen’s Medical Center and Kalihi-Palama Health Center. “As a community, we all have a role to play in addressing pressing issues, including homelessness,”… ... ....
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Biden cancer nonprofit suspends operations

Rutland Herald 16 Jul 2019
Last month, in a response to the AP report, Biden’s campaign said he commits to “the highest standards of ethical culture.” But deputy campaign manager Kate Bedingfield also said that Biden believes that success in curing cancer “will only be achieved by calling on the resources and creativity of a robust private-public partnership....
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Aquatics Center to make big splash

The Elkhart Truth 16 Jul 2019
“As a public institution, we understand the importance and the power of public and private partnerships, and as we’re moving forward with schools of study, we’re looking for ways to form partnerships with members of the community and this embodies that to the n-th degree,” he said....
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Biden cancer nonprofit suspends operations indefinitely

Deseret News 16 Jul 2019
Biden's group has used its platform and Biden's appearances to promote the partnerships ... But deputy campaign manager Kate Bedingfield also said that Biden believes that success in curing cancer "will only be achieved by calling on the resources and creativity of a robust private-public partnership....
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Boulder business worries about economic impact from U.S. 36 collapse

Fox31 Denver 16 Jul 2019
WESTMINSTER, Colo.U.S. 36 is Andy Danielson’s home away from home. It’s the highway where he’s spent thousands of hours of his life ... Or at least that used to be the case. U.S ... “It looks awful. Absolutely awful ... A company called Plenary Roads Denver is tasked with maintaining the road as part of a private-public partnership ... ....
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Limerick Tunnel's state subsidy fell as traffic and toll income grew

Irish Independent 16 Jul 2019
Gordon Deegan. July 16 2019 2.30 AM. 0 Comments Limerick Tunnel's state subsidy fell as traffic and toll income grew. Independent.ie ... Email ... Last year, the Dáil's Public Accounts Committee was told that the State had paid the toll operator €34m under the terms of a public-private partnership contract to compensate for the smaller numbers using it ... ....
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Kozhikode: Sea traffic to be tracked online

Deccan Chronicle 16 Jul 2019
Kozhikode. Kerala is planning to regain its past glory as a maritime hub with a slew of initiatives integrating its small and medium ports into the global shipping network ... It has been decided to invite tenders of different companies with public-private partnerships to implement various projects and development activities ... .......
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Homeland security official: Congress must act to secure chemical plants like those in Louisiana for ...

The Advocate 16 Jul 2019
Cosponsored by the Cybersecurity and Infrastructure Security Agency and the Chemical Sector Coordinating Council, the summit is a clear example of stakeholders’ confidence in the future of CFATS and reflects how the private-public partnership we have forged fosters a culture of chemical security....
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Six detained for death of two persons in Ahmedabad joyride mishap

Yahoo Daily News 16 Jul 2019
The R&B department s duties include inspection of mechanical rides of various lok melas and private agencies/contractors during festivals ... As per the complainant, the AMC, looking at a public-private partnership to manage various amusement parks at the lake, had issued tenders for the same in 2012....
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Be Local means recognizing efforts of Adopt-A-Highway volunteers

Herald-Standard 16 Jul 2019
PennDOT is marking the 30th anniversary of its Adopt-A-Highway program ... Richards said in a release ... PennDOT explains on its website ... PennDOT also developed a Pollinator Habitat Plan to create naturalized gardens and meadows planted with pollinator-friendly plants at designated sites in partnership with public and private organizations ... .......
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Gov’t plans to exempt start-ups from social security registration for first five years

The Jordan Times 15 Jul 2019
AMMAN — The government is working on amendments to the Social Security Law and the law pertaining to public-private partnerships aiming to create a better environment for start-ups to thrive, Minister of Digital Economy and Entrepreneurship Muthana Gharaibeh said on Saturday....
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