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


RBI pats state rapid action plan for containing Covid in Dharavi

The Times of India 27 Oct 2020
Reserve Bank of India (RBI) has lauded Maharashtra for containing Covid-19 in Dharavi, citing it as an example of successful clinical management through public-private partnerships ... The central bank said public-private partnership and community participation played a crucial role in combating Covid-19 in Dharavi....

Mandatory food, non-food items inspection to be outsourced

Dawn 27 Oct 2020
The officials fear downsizing in the authority as outsourcing under the proposed public-private partnership programme would result in loss of around 40 per cent revenues earned by the PSQCA ... Partnership) inspectors in view of the limited technical human resource at the PSQCA....

Virginia Talent and Opportunity Partnership Launched at 2020 Virginia Education and Workforce Conference

Johnson City Press 27 Oct 2020
27, 2020 /PRNewswire/ --�Moments ago, the a public-private partnership formed between the Virginia Chamber Foundation and the State Council of Higher Education for Virginia (SCHEV), was unveiled as part of the ... The Virginia Talent and Opportunity Partnership is a significant ......

Work begins on University Village housing, tennis projects

The Grand Island Independent 27 Oct 2020
Announced in March, the housing project is a public-private partnership between UNK and Grand Island real estate developer Scott Rief ... The Element 30 project is being constructed southwest of the central green space at University Village, a public-private development along U.S....

FG to take over 10 airports from State governments

Business Day Online 27 Oct 2020
Sirika said the roadmap to be implemented through Public-Private Partnership, PPP has the establishment of the national carrier as a top priority ... “The roadmap would be implemented through Public-Private Partnership, topmost of which will be the establishment of the national carrier,” he said ... ....

NOC partners with professionals to assist with academic programs

The Ponca City News 27 Oct 2020
The partnership between the business community and NOC has been going on for many years.Some divisions have had these partnerships for as many as 30 years.This was the second year the advisory committees all met simultaneously. “NOC academic programs are better because of these public private partnerships,” said NOC President Dr....

Call for Round 2 of East End Hyannis small businesses grant program applications

The Barnstaple Patriot 27 Oct 2020
... in the downtown that continue to be impacted by COVID-19 public health requirements and restrictions ... The program works with cross-sector partnerships to engage community members, implement local economic development initiatives, and spur further public and private investment....

Homelessness: Oregon’s E-Board tackles funding options

The News Guard 27 Oct 2020
I strongly support this public-private partnership and won’t stop fighting for it ... - $7.4 million to school districts, education service districts, and public charter schools to mitigate the cost of damages related to the wildfires and/or help students and their families recover from the impacts of recent wildfires....

Sudders recalls 'exhausting and wearying' pandemic journey

The Herald News 27 Oct 2020
BOSTON -- One of the most difficult steps for Health and Human Services Secretary Marylou ......

Va. business, university leaders team up to increase internship opportunities

Business Journal 27 Oct 2020
A new public-private partnership is aimed at keeping more college graduates in Virginia ... ....

Mike Opat To Leave Hennepin County Board

CBS Sports 27 Oct 2020
7, two months before the end of his term ... Opat is known for designing Hennepin County’s public-private partnership with the Minnesota Twins which allowed for the creation of Target Field....

Don’t be afraid, come out and vote — Regional Police Commander

Graphic 27 Oct 2020
Assurance. Mr ... Context ... No intimidation. Mr ... Mr ... He said it was, therefore, necessary for the private sector to assist the government to provide at least the infrastructure while the government provided the men to man the post ... He said the police station was a good example of a Public-Private Partnership that had lots of benefits for the community ... ....

Gautrain route expansion set to reach more areas in Tshwane, rest of Gauteng

Independent online (SA) 27 Oct 2020
Pretoria - The Gauteng Rapid Rail Integrated Network project is planning a route expansion that will see the Gautrain reach more areas in Tshwane and the province ... A feasibility study was conducted under the framework for publicprivate partnerships in terms of the relevant National Treasury regulations of the Public Finance Management Act, 1999....