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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Binh Dinh to invest VND7.3 trillion in Phu Cat airport expansion

The Saigon Times 24 Feb 2024
This component will be executed through a public-private partnership (PPP), with work slated to be executed from 2027 to 2032. The estimated cost of this phase is VND3,132 billion, sourced from both the state budget and the private sector ... ....
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Dolphins release DE Emmanuel Ogbah, plan to cut CB Xavien Howard per reports

San Francisco Examiner 24 Feb 2024
The Dolphins informed Howard they will release him, NFL Network and ESPN reported Friday ... Ex // Top Stories ... Could San Francisco's public-private partnerships solve its biggest issues?. If The City is the innovation capital of the world, what could we accomplish if we empowered all types of public and private entities? ... --Field Level Media ... .......
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Analysis of Potomac Yard arena revenue may overestimate Va. profits, economist says

Wtop 24 Feb 2024
Last week, Alexandria released the report, put together by consulting firm HR&A Advisors for the Alexandria Economic Development Partnership. It evaluated two scenarios ... Clower wrote that the HR&A study “provides a reasonable basis for deliberations regarding the terms of the proposed public-private partnership.” ... Source ....
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King Soopers to leave Lafayette location to make way for new Nine Mile site in Erie

Daily Camera 24 Feb 2024
287 and Baseline Road ... (Cliff Grassmick / Staff Photographer). While King Soopers is focused on leasing the space, Wilmot said the city is still in active communications about the future of the site, and Lafayette did approach King Soopers to pursue a potential public-private partnership for the property ... Share this. ... ....
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Mets owner Cohen says he expects Alonso to explore free agency but wants to keep him

San Francisco Examiner 24 Feb 2024
New York Mets owner Steve Cohen doesn’t anticipate a resolving Pete Alonso’s future with the team until after the season ... Ex // Top Stories. Could San Francisco's public-private partnerships solve its biggest issues?. If The City is the innovation capital of the world, what could we accomplish if we empowered all types of public and private entities?....
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PMRDA to construct two stretches of Inner Ring Road via credit note on pilot basis

Hindustan Times 24 Feb 2024
The Pune Metropolitan Region Development Authority (PMRDA) has decided to construct two stretches of the proposed Inner Ring Road through public-private partnership (PPP) on a pilot basis, wherein development costs will be repaid via credit note ... (REPRESENTATIVE PIC) ... Hindustan Times - your fastest source for breaking news! Read now ... .......
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HBCU Cheyney leaders call process of giving university its accreditation status ‘unfair'

The Philadelphia Tribune 24 Feb 2024
However, Cheyney was still put on probation ... “We will not stand for it,” he said ... The university has implemented a new student information system, designed and executed a new strategy to improve compliance with Title IV requirements and has formed public-private partnerships that provide education and employment opportunities to students ... .......
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Abiodun’s N5bn Palliatives and Food Sufficiency

This Day 24 Feb 2024
This has been sustained through Public-Private Partnerships (PPP) with the commitment to boost the agriculture sector for the well-being of all and sundry.  ... For all they care, such a triviality is undeserving of public attention ... The Place of Public Servants.” This was part ......
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Placer County staff advances Tahoe biomass project, seeking public-private partnership (Placer County, CA)

Public Technologies 23 Feb 2024
Placer County staff advances Tahoe biomass project, seeking public-private partnership ... Distributed by Public, unedited and ......
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Portland City Council and Trail Blazers Announce Bridge Agreement as Step Toward Forming Long-Term Public-Private Partnership (City of Portland, OR)

Public Technologies 23 Feb 2024
... for Moda Center, allowing more time to seek and to structure a long-term public-private partnership that would lead to a renovation of the arena and [...]....
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Media Statement: For the notification on the Amendments to the National Treasury Regulations 16 and Municipal Public Private Partnership Regulations (Department of National Treasury - Republic of South Africa)

Public Technologies 23 Feb 2024
TREASURY REGULATIONS 16 AND MUNICIPAL PUBLIC PRIVATE PARTNERSHIP ... National Treasury has drafted amendments to the Treasury Regulations 16 and key elements of municipal legislation in line with the recommendations of the completed review of the Public Private Partnerships (PPP) framework....
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Framework Tech Forms Strategic Collaboration with Huawei Cloud to Expand Technological Frontiers in Southeast Asia

CoinChapter 23 Feb 2024
The collaboration is set to explore and enhance storage technologies, including advancements in new energy, public and private cloud technologies, and real-time high-definition live streaming and broadcasting technologies ... new energy and both public and private cloud technologies....
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End of partnership rekindles hopes of protecting Warm Mineral Springs from development

Herald-Tribune Sarasota 23 Feb 2024
NORTH PORT – Since the decision to terminate a public-private partnership to develop the park surrounding Warm Mineral Springs, residents seeking to preserve the entire 83-acre site have stepped up their efforts, including a rally near City Hall ... public-private partnership end?....
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