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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ONE YEAR LATER – Hurricane Ian: Foundation provided nearly $700K in grants to help Floridians ...

Lehigh Acres Citizen 29 Sep 2023
Left to right ... Jamie Huysman – Chief Compassion Officer for WellMed; George Cooper, Jewish Family and Children Services; and Erin McLeod, CEO of Senior Friendship Center. PROVIDED. Left to right ... “Working in a public private partnership with people like WellMed who have a tremendous heart for seniors, has been a tremendous gift.” ... .......
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People & Places // Best Of 2023

Fort Worth Weekly 29 Sep 2023
Located on the Near Southside, the Fort Worth Conservatory of Music and Fine Arts offers early-music, private, and group lessons on piano, bass, guitar, voice, and more ... Local artists are cautiously optimistic that the public-private partnership city leaders are currently vetting could revamp 1300 Gendy Street....
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FCI to build 3 MT wheat silos via Public Private Partnership by November

Financial Express 28 Sep 2023
To boost modern grain storage capacity, the Food Corporation of India (FCI) is aiming to complete construction of 3 million tonne (MT) capacity wheat silos located across the country by November under public private partnership (PPP) model, a senior official said....
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PPP Code nears enactment

Manila Standard 28 Sep 2023
The Public-Private Partnership (PPP) Center said Thursday it welcomes the ratification of the Bicameral Conference Committee Report on the disagreeing provisions of Senate Bill No ... 6527 or “An Act Providing for the Public-Private Partnership (PPP) Code of the Philippines” on Sept....
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US State Secretary Antony Blinken launches Global Music Diplomacy Initiative

Beijing News 28 Sep 2023
The Global Music Diplomacy Initiative aims to leverage public-private partnerships to create a music ecosystem that expands economic equity and the creative economy, ensures societal opportunity and inclusion, and increases access to education. It will build on current public ......
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Seven Seas Water Group Breaks Ground on Historic Water Partnership with City of Alice, Texas

Hastings Tribune 28 Sep 2023
Seven Seas Water Group ("SSWG"), a multinational provider of Water-as-a-Service® ("WaaS") solutions, is pleased to announce the start of construction for the City of Alice brackish water treatment plant, marking a historic milestone as the first public-private partnership project for a reverse-osmosis treatment plant in the state of Texas....
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US State Secretary Antony Blinken plays guitar at launch event of Global Music Diplomacy Initiative

Hindustan Times 28 Sep 2023
The Global Music Diplomacy Initiative aims to leverage public-private partnerships to create a music ecosystem that expands economic equity and the creative economy, ensures societal opportunity and inclusion, and increases access to education ... It will build on current public ......
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Watch US Secretary of State Antony Blinken's 'impressive' singing talent, netizens ask, 'Why isn’t he POTUS?'

Live Mint 28 Sep 2023
Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!)The video of Blinken's outstanding performance has amassed more than seven lakh views and garnered over 15,000 likes.A user asked, 'Why isn’t this man POTUS?', means President of ......
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Rivers  Set to Create a New City

This Day 28 Sep 2023
Desmond Akawor, said that since its establishment in 2009 by the Greater Port Harcourt Law, the agency has been slowed down in creating more cities because of its operational structure and the nature of the Public-Private Partnership it adopted ... private partnership arrangements.”....
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Blinken launches Global Music Diplomacy Initiative

Suryaa 28 Sep 2023
According to the State Department, the Initiative aims to leverage public-private partnerships to create a music ecosystem that expands economic equity and the creative economy; ensures societal opportunity and inclusion; and increases access to education....
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Senate approves 18 bills

The Manila Times 28 Sep 2023
On Wednesday, the Senate ratified Senate Bill (SB) 2224 (Ease of Paying Taxes Act) and SB 2233 (Public Private Partnership Act) ... Among these were SB 2001 (New Philippine Passport Act), SB 1846 (Internet Transactions Act), SB 2224 (Ease of Paying Taxes Act) and SB 2233 (Public Private Partnership Act) ... .......
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X-Chem and Structural Genomics Consortium Enter Into Collaboration to Unlock the Human Proteome and Promote Open Science

Pharmiweb 28 Sep 2023
28, 2023 (Business Wire) – X-Chem, a global leader in innovative drug discovery services, and the Structural Genomics Consortium (SGC), a public-private partnership dedicated to accelerating drug discovery through open science, announced that they have entered a collaboration aimed at creating new chemical tools to study human proteins....
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Supporting acquisitive growth in the North West

The Business Desk 28 Sep 2023
One example of this is our support of international marketing, technology and insight group MSQ’s £20.6m public-to-private acquisition of the Be Heard Partnership, a group of agencies specialising in digital transformation, data and insight, and digital media ... our partnership....

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Al Jazeera | 28 Sep 2023
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House GOP eyes bribery against Biden

The Buffalo News | 28 Sep 2023
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European Union

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