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


Need stressed for public-private partnership to resolve civic issues

Dawn 18 Aug 2019
They suggested that these chronic issues should be sorted out under a public-private partnership to bring efficiency, much-needed funds and transparency in affairs ... a public-private partnership to tackle these issues as it would bring much-needed funds, transparency and ownership....

UNT Frisco master plan projects ‘unusually short’ timeline, potential Fields development collaboration

Community Impact Newspaper 18 Aug 2019
There are some great opportunities for public/private partnerships.” ... “I think where we can have partnerships with private industry for projects makes financial sense for and allows us to spend our money on the education research and services,” Brown said. Other public and private partnerships could involve student housing, Brown told the board....

Pre-K programs grow across county

Wise County Messenger 18 Aug 2019
The Texas Education Agency, however, requires school districts to seek partnerships with child care centers or other public or private entities before any waiver will be granted, according to a March 5 press release by Texans Care for Children, a nonprofit organization in Austin....

Warning sounded on the risks of Welsh finance model

Scotsman 17 Aug 2019
If you like, you can see that as a belief that the private sector is likely to drive a better bargain than you are.” ... Unlike NPD, the MIM is compliant with the revised Eurostat guidance that determines how public-private partnerships are treated for budgetary purposes....

Hoskin proposes creation of cabinet-level position for veterans

Muskogee Phoenix 17 Aug 2019
He also signed a partnership with the U.S ... Having a Cherokee Nation Secretary of Veterans Affairs, particularly one who has previous experience with public-private-tribal partnerships and veterans programs, will be a blessing to the tribe and the state as this venture begins.”....

Town hall, state guest on the way

Pauls Valley Democrat 17 Aug 2019
During her tenure she authored landmark workers compensation reform and passed into law the first pay for success contract in Oklahoma, which was a public-private partnership with the Department of Corrections and the Kaiser Foundation to move women from incarceration to the Women in Recovery Program....

World’s longest undersea rail tunnel hits first obstacle

Independent online (SA) 17 Aug 2019
A tunnel could be economically feasible as a private-public partnership, with European Union aid covering 40% of the cost of 13-20 billion euros, a study commissioned by both countries showed last year....

LG minister orders inquiry against SSWMB over offal-related complaints

The News International 17 Aug 2019
Shah ordered the constitution of a committee comprising the local government secretary, the Sindh Public Private Partnership Board managing director and the SSWMB chief in order to review all the issues related to the proposed project....

Odisha to set up Maritime Board for ports' development

Deccan Herald 17 Aug 2019
The cabinet has approved the proposal to establish the statutory body in view of the future requirement of industries in the state, Chief Secretary AP Padhi said ... The body will facilitate construction, maintenance and operation of all non-major ports in the state either directly or through public-private partnership model ... Odisha. Port. Transport....

HCC unveils Emerging Technologies Center for donors Facility is first, new construction on campus in ...

Kentucky New Era 17 Aug 2019
Alissa Young, who noted that generosity and partnership helped build the facility ... The BuildSmart initiative is a public-private partnership that was approved by the General Assembly in 2014 to provide funding for capital projects at each KCTCS college ... "We met our goal, and that's a round of applause for you." ... On the Web ... If you go. What ... When ... 29 ... Info....

Cebu Rail Project gets RDC 7, Cebu City support

Sun Star 17 Aug 2019
“We do not have any problem with that ... 17, 2019 ... 20 ... Jonji Gonzales, assistant secretary for the Office of the Presidential Assistant for the Visayas (Opav), said although the project will be implemented under a public-private partnership and is an unsolicited proposal, Neda still requires the endorsements of the City and the RDC 7....

Water as national issue of concern

Merinews 17 Aug 2019
The people of India have to cooperate in the proper maintenance of the existing infrastructure ... We have to understand, analyse, interpret and adopt the schemes under public private partnership (PPP) model including BOT (Build Operate Transfer), Build Own Lease (BOL) and Build Own Operate System (BOOS) ... Irrigation means man made source including TTC ... ....

New $25 million education center seeks to transform Pee Dee's economy

The Post and Courier 17 Aug 2019
"The Continuum is a perfect example of the kind of innovation that can come from partnerships between the public and private sectors," said Gov ... Wednesday's orientation their credits will transfer to any public college in South Carolina, and most private ones, when they graduate....