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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CDOT still reviewing I-25 toll management bid

Colorado Daily 22 Jun 2021
Roadis USA Holding LLC submitted an unsolicited bid about three months ago to CDOT and its High Performance Transportation Enterprise division, which oversees Colorado toll roads and public-private transportation partnerships ... The company has offered E-470 Public Highway Authority ......
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Keene organizations get more than $1 million in funding from CDFA

Union Leader 22 Jun 2021
The focus on this round of funding is to build up public-private partnerships that address needs in the community, according to Katy Easterly Martey, the CDFA executive director ... The Southwestern Community Services “21 in 21” project, a partnership with the city to improve the affordable housing stock on the city’s east side, is getting $475,000....
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Abia: The ultimate commercial hub and investment destination

Business Day Online 22 Jun 2021
Priority attention is being paid to the rehabilitation of roads that lead to the state’s major economic zones through the public-private partnership approach to boost infrastructure maintenance in the markets....
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Industry Forum event regarding opportunities under the proposed Public-Private Partnership (PPP) for The Bahamas Airports PPP Program (Government of the Bahamas)

Public Technologies 21 Jun 2021
The Government of The Commonwealth of The Bahamas invites interested parties to attend an Industry Forum concerning private operator/developer concessions and related opportunities in connection with The Bahamas Airports PPP Program ... Distributed by Public, unedited and unaltered, on 21 June 2021 18.27.02 UTC....
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Resilient and sustainable infrastructure is also about reducing inequality: Indranee Rajah

Straits Times 21 Jun 2021
With Covid-19 straining government budgets, one option is to have investors join governments in public-private partnerships, Ms Indranee said ... It need not be the case that developers will put profit ahead of public interest, she said, if governments work with the private sector to design and structure their partnership well....
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Besix Group closes $1bn Dubai WTE plant finance agreement

Gulf Daily News 21 Jun 2021
This deal confirms Besix's role as a long-term industrial partner of GCC countries for the implementation of their strategic infrastructure and national strategies, thus adding to its rapidly growing portfolio of public-private partnerships in the Middle East, said a top official. ....
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Omaha VA explores partnership for new care facility, including possibly UNMC's Project NExT

Omaha World-Herald 21 Jun 2021
It’s been less than a year since the Omaha VA opened a new outpatient care facility to serve the region’s veterans, built through a first-of-its-kind public-private partnership with Omaha philanthropists ... “What that would look like would depend on the ability to once again have a public-private partnership to get it going.”....
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Sustainable infrastructure can also boost resilience, reduce inequality: Indranee

Straits Times 21 Jun 2021
With Covid-19 straining government budgets, one option is to have investors join governments in public-private partnerships, she said ... As for developers putting profit ahead of public interest, she said governments should work with the private sector to design and structure their partnership well....
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Bipartisan Plan Is a Stalking Horse for Privatization

Democratic Underground 21 Jun 2021
“The really scary piece is labeled ‘Public private partnerships, private activity bonds, and asset recycling.’ In the name of building world-class infrastructure, these lawmakers would sell it off in fire sales to private financiers....
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Dredging Corporation to gain from government’s new dredging norms

Business Line 21 Jun 2021
The dredging guidelines have also introduced, for the first time, the concept of awarding dredging works at major ports through the public-private-partnership (PPP) route ... annuity model/hybrid annuity model through the public-private-partnership (PPP) route while awarding works....
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With Over 80 Percent Vaccinated, Vermont Remains Committed to COVID Testing for Summer Camps, Schools

The Marshall News Messenger 21 Jun 2021
The new public-private partnership is effective immediately, with teams setting up testing for and preparing for the fall’s public of unvaccinated students ages 8 and up ... CIC Health collaborates with private and public entities like CLIA-certified labs, physician networks, health ......
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Despite a challenging 2020, downtown Kalamazoo welcomed 16 new businesses

Michigan Live 21 Jun 2021
Building on the organization’s COVID-19 response initiatives, the Partnership team undertook programming, public space activation, marketing and promotion efforts ... Kalamazoo Downtown Partnership is a nonprofit that works with both the public and private sectors in preserving and enhancing the economic health of Kalamazoo’s downtown area....
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Manchin-led committee puts forth sprawling energy infrastructure proposal

The Hill 21 Jun 2021
... local governments and public utilities ... The Enhancing Grid Security Through Public-Private Partnerships Act would direct the Department of Energy to create a program encouraging partnership with the private sector to shore up both physical security and cybersecurity of the grid....
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