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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Guest view: Broadband bill is exactly the public-private partnership we need

Montana Standard 24 Apr 2019
That group, which served as part of the Governor’s Mainstreet Montana Project, found that “given the high cost of deployment, particularly in rural areas, public-private partnerships need to be incented to encourage continued investment.” In particular, the Kin report recommended ......
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Jamaica Committed to Efficient PPP Transactions

The Washington Informer 24 Apr 2019
Nicola Russell, manager in the Public-Private Partnership and Privatization Division of the Development Bank of Jamaica (DBJ), said the DBJ is committed to ensuring efficient public-private partnership (PPP) transactions ... in public-private partnership project transactions.”....
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Private sector increasingly dominating network of primary care centres

The Irish Times 24 Apr 2019
The result is a more commercialised network subject to the financial risks associated with public-private partnership, the study by UCD geographer Julien Mercille asserts ... Some 35 per cent are publicly-owned, 55 per cent operate on leases with private landlords and 10 per cent are public-private partnerships....
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No More Business 
As Usual

LEO Weekly 24 Apr 2019
The people know about the lopsided, sweetheart deals known as public-private partnerships ... Business as usual means making sure there is enough money in the till for glossy public-private partnerships that benefit very few people ... proposed public private partnerships are examined....
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Calcasieu tolling bill advances

American Press 24 Apr 2019
The goal of the legislation is to authorize the tolling authority to pursue public-private partnerships or other authorized methods to fund a six-lane bridge located next to the existing I-10 bridge ... The Chamber/Southwest Louisiana created a task force that came up with a proposal to use a private-public partnership (P3) to construct the bridge....
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Vietnamese Clinical Laboratories Market - Forecast to 2025: Increase in Universal Health Support for Private ...

The Marshall News Messenger 24 Apr 2019
There are opportunities for private independent labs to grow, as the government is keen on public-private partnerships to ease the burden on its healthcare infrastructure by providing healthcare coverage that can make private healthcare more accessible....
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Privatization Promotes Collusion and Corruption

Malaysia Today 24 Apr 2019
At the risk of reiterating what should be obvious, the question of private or public ownership is distinct from the issue of competition or market forces ... However, privatization has not ... Generally, public-private partnerships (PPPs) are much costlier than government procurement....
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Slideshow: The Dayton region's most difficult tee shots

Business Journal 24 Apr 2019
This content is in partnership with our private golf courses and public golf courses lists published April 5 ... In honor of our private golf courses and public golf courses lists publishing this month, I spoke to local golf professionals and golf club executives to get their take on their course's toughest golf hole ... ....
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Housing financier urges Africa to embrace PPP to address housing shortage

China.dot.org 24 Apr 2019
NAIROBI, April 24 (Xinhua) -- Pan-African housing financier Shelter Afrique on Wednesday urged African governments to embrace public-private partnership (PPP) to address the continent's housing shortage....
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State economic development chief resigning

Messenger-Inquirer 24 Apr 2019
Gill said he decided it's time for him to return to the private sector, where he's spent most of his career ... The partnership -- a public-private group of state officials and business executives -- will begin a national search for a new economic development secretary, Bevin's office said....
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Kentucky's economic development chief resigning

The Richmond Register 24 Apr 2019
Gill said he decided it's time for him to return to the private sector, where he's spent most of his career ... The partnership — a public-private group of state officials and business executives — will begin a national search for a new economic development secretary, Bevin's office said....
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Gernath: Climate change must be part of your business plan

Long Island Business News 24 Apr 2019
At the very least, the economic power of public private partnerships will need to be unleashed to allow investment dollars to be directed toward our frayed water infrastructure. In Nassau County, that public private partnership is working well as SUEZ holds a contract to operate and manage the county’s massive waste water treatment facilities....
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Los Angeles County Community Collaborative Builds Partnerships to Effectively Address the Upstream Drivers of the ...

The Record 24 Apr 2019
LAC 3 is a partnership between the , the and the ... LAC 3 will foster public-private partnerships and support key stakeholder actions via a community-based collaborative. The collaborative will focus on early drivers of this public health crisis such as socioeconomic disparities, structural racism, resource inequities, and social isolation....

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