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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360 Degree Surveillance: How Police Use Public-Private Partnerships to Spy on Americans

Off Guardian 26 Jan 2023
Indeed, empowered by advances in surveillance technology and emboldened by rapidly expanding public-private partnerships between law enforcement, the Intelligence Community, and the private sector, police have become particularly adept at sidestepping the Fourth Amendment....
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Tennessee Officials Making State’s First Paid Traffic Lanes a Legislative Priority

The Epoch Times 26 Jan 2023
“The plan for public-private partnerships will include exploring Choice Lanes, which are additional, optional lanes funded in partnership with the private sector on urban Tennessee ......
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Romer: The momentum on housing is real

Vail Daily 26 Jan 2023
Meghan Lukens, have sponsored SB23-001, Authority of Public-private Collaboration Unit for Housing ... The bill will update the Public-Private Partnership’s authority over workforce housing projects and provide funding to start the process on the State Land Board/Dowd Junction housing project....
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New principles to encourage transparency and prevent greenwashing in financial sector

Phys Dot Org 26 Jan 2023
It is hoped the principles will encourage partnerships between stakeholders who are willing to be transparent about their public, private and polycentric interests in securities finance ... These boundaries are difficult to draw, given that some public goods are provided by private or semi-private entities....
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PM inspects Nha Trang-Cam Lâm expressway project

Vietnam News 26 Jan 2023
The project's total investment is more than VNĐ5.5 trillion (US$235 million) from a public-private partnership, with VNĐ2.5 trillion from Sơn Hải Group and nearly VNĐ3 trillion from the State budget....
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ISIF among backers for Waterland's €4bn pan-European investment funds

RTE 26 Jan 2023
The firm has closed fund-raising on its Private Equity Fund IX (WPEF IX) fund at €3.5 billion after four months ... Other backers include asset managers, public and private pension funds and, sovereign wealth funds, with investments coming from across Europe, the Middle East, North America and Asia Pacific....
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Fast-Track to the Future: EVs, Infrastructure, and Job Creation

Victoria Advocate 26 Jan 2023
Public-Private Partnerships in Indiana and across the U.S ... Scott Manning, the Deputy Chief of Staff at INDOT, also shares the government's perspective, including the opportunity to capitalize on public-private partnerships and the significant economic boost and manufacturing jobs that would follow....
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Singapore firms can now tap on Temus-IMDA’s talent conversion programme to fill tech roles

Vietnam News 26 Jan 2023
Temus was established by Temasek in partnership with UST, to provide digital transformation solutions for the private and public sectors as we aspire to be a strategic partner in realising the Singapore Government's Smart Nation vision....
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Puerto Rico selects company to privatize power generation

Decatur Daily 26 Jan 2023
Another concern is that high power bills could become even more expensive under the new public-private partnership, concerns that officials brushed aside as they noted that Genera PR will receive incentives to generate savings, of which 50% will be passed along to consumers....
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Puerto Rico selects company to privatize power generation as it struggles to rebuild power grid

ABC7 26 Jan 2023
Another concern is that high power bills could become even more expensive under the new public-private partnership, concerns that officials brushed aside as they noted that Genera PR will receive incentives to generate savings, of which 50% will be passed along to consumers....
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Trash, housing and diversity breakfast top topics at city council candidate forum

Columbia Daily Tribune 26 Jan 2023
Bush wants more public and private partnerships and mixed-use associations joining together on housing ... Knoth suggested a community land bank, much like the Community Land Trust board, but building out partnerships with the county and private development to help address affordable housing and infill of empty lots....
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Mayor Rex Richardson and Long Beach Coalition Announce Initiative to Bring 100 Diverse Startups to City

Maryville Daily Forum 26 Jan 2023
We deliver new and exciting opportunities for economic growth through the creation of innovative public-private partnerships, and our unique experience across government, education, and private sectors....
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City is ‘Building Momentum’

Hill Country Community Journal 26 Jan 2023
Eychner celebrated numerous construction projects underway, both public and private, saying new projects are expected in the new year ... Public safety ... “This public-private partnership will transform the A.C ... “We are going to take these successes, get creative with our partnerships with the private sector, and continue to build upon this momentum.”....

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