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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U.S. Labor Department targets H-1B visas with new grant for workforce training

News India Times 30 Sep 2020
Through local public/private partnerships, grantees will be expected to deploy training “to provide individuals in their communities with skills necessary to advance career pathways to employment in middle- to high-skilled H-1B occupations within key industry sectors,” the DOL said....
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Virus rages as vaccine doses planned for poor

Asiatimes 30 Sep 2020
The public-private health partnership stressed that the eventual total is “potentially several times” greater, and said the price would be capped at US$3 per dose ... Germany introduced new limits on the number of people who can attend private events, after Spain, France, Britain and Northern Ireland all imposed fresh restrictions....
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Boost for vaccine doses planned for poor as virus rages on

Manila Bulletin 30 Sep 2020
The public-private health partnership stressed that the eventual total is “potentially several times” greater, and said the price would be capped at $3 per dose ... Germany introduced new limits on the number of people who can attend private events, after Spain, France, ......
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‘Govt should focus on sectors that create jobs’

Live Mint 30 Sep 2020
Kalyani, executive director, Bharat Forge Ltd ... Edited excerpts.. How do you see manufacturing activities picking up in Q2-Q3 FY21? ... The central and state governments will have to collaborate along with the public-private partnership model to start off economic activities at such a large scale in the medium term ... How big is defence as an opportunity? ... ....
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Hillicon Valley: Judge's ruling creates fresh hurdle for TikTok | House passes bills to secure ...

The Hill 30 Sep 2020
Latta and McNerney are the primary sponsors of a second piece of legislation passed Tuesday, the Enhancing Grid Security Through Public-Private Partnerships Act, which would require the Department of Energy to establish a program to enhance the cyber and physical security of ......
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Transit Wireless Promotes Louise Butler Golding to a Combined People and Business Operations Leadership Role

Daily Freeman 29 Sep 2020
As municipalities struggle with funding for much-needed infrastructure projects – a situation even more dire since the onset of COVID-19 – Transit Wireless's successful public-private partnership cost model takes the burden off the taxpayers to fund high-quality connectivity....
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State briefs for September 29

Hawaii Tribune-Herald 29 Sep 2020
Honolulu to withdraw from rail partnership procurement. HONOLULU (AP) — Honolulu’s mayor announced the city plans to withdraw from its part in establishing a public-private partnership for the final stretch of the city’s $9.2 billion rail project....
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Labor Department grant for workforce training aims to reduce need for H-1B program

News India Times 29 Sep 2020
Through local public/private partnerships, grantees will be expected to deploy training “to provide individuals in their communities with skills necessary to advance career pathways to employment in middle- to high-skilled H-1B occupations within key industry sectors,” the DOL said....
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Private sector should join PM-JAY platform: Cabinet Secretary

Business Line 29 Sep 2020
Private sector hospitals, particularly those belonging ... Mishra emphasised healthcare is a partnership between the private and public sector ... The private sector participation adds value to the entire spectrum of public health which should be at the core of our belief,” he remarked....
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US Surgeon General Adams tours Fujifilm, talks vaccines

The Bryan Eagle 29 Sep 2020
“We really got a chance to see where taxpayer dollars are going, and to learn about public-private partnerships — and how they’ve really allowed us to achieve advances that were not really thought of as possible by the most optimistic scientists as little as six months ago,” Adams said....
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China releases images based on high-resolution imaging satellite

China.dot.org 29 Sep 2020
It is also China's first civil space research project adopting the public-private partnership (PPP) ... The private sector bears part of the R&D cost and has the right to operate the satellite for eight years. During the operation period, it provides free public service data to some ......
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State govt sanctions Rs 7.46 crore for IIIT-Kota

The Times of India 29 Sep 2020
Chief minister Ashok Gehlot on Sunday approved a grant of Rs 7.46 crore, share of the state for construction of permanent campus of the proposed (IIIT) on Public Private Partnership (PPP) mode in Kota ... The Union government has already contributed its share of Rs 19.38 crore along with four private partners....
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Mazars USA Builds Strategic Capabilities, Naming Five New Partners

The Record 29 Sep 2020
�has more than 11 years of public accounting experience, servicing entrepreneurs and privately owned businesses ... �is in the Real Estate Practice and has been with the firm since 2011.�He has over 17 years of experience providing accounting and tax services to privately-held ......
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