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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Main Street Waterbury honors volunteers

Republican American 21 Jul 2019
From left, board members James Higgins and Cheryl Wallace-Smith, with John DiCarlo, board secretary ... Main Street Waterbury is a grassroots downtown management and revitalization organization, promoting its architectural and cultural assets, organizing volunteer initiatives, sponsoring events and fostering public/private partnerships ... Share this. ... ....
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Public-private partnership must for self-reliance in defence production, says COAS

The News International 20 Jul 2019
The army chief said there is a need for enhanced public private partnership to turn Pakistan's defence industry into a vibrant, self-reliant and self-sustained entity ... Representatives from public sector discussed and suggested the way forwardfor public private partnership in defence production....
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Next steps for workforce development in Maine

Bangor Daily News 20 Jul 2019
Maine needs to build effective public-private partnerships for workforce development ... Intermediaries are of long-term partnerships between the public and private sectors for the purpose of expanding ... Three conditions are needed to make such public-private partnerships work well....
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Now hail RTA cabs with your Careem app in Dubai

Gulf News 20 Jul 2019
Al Tayer noted that this partnership is the first of its kind worldwide between a public transport authority and a private company specialising in smart booking. It also sets a precedence as an outstanding public private partnership (PPP) and fruitful collaboration to uplift the public transport network and sharing mobility....
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Labour plans to end outsourcing of council contracts to private firms

Belfast Telegraph 20 Jul 2019
“We believe it’s time to end the outsourcing scandal, which has seen private companies rip off the taxpayer, degrade our public services and put people at risk ... “The vast majority of public-private partnerships are successful, delivering investment and high quality services.”....
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Maximising defence production with private sector’s help urged

Dawn 20 Jul 2019
Members from different ministries, public and private organisations, chamber of commerce and Industries, ... The COAS said that there was a need for enhanced public-private partnership to make Pakistan defence industry into vibrant, self-reliant and self-sustained entity....
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Letter to the Editor: Lodging tax questions

Delaware State News 20 Jul 2019
This is a self-described “nonprofit public/private partnership” that owns DE Turf sports complex near Frederica, and means that this nonprofit that charges teams to play on the their turf will actually ......
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NSU, Connors, Cherokee Nation and NHS launch partnership

Muskogee Phoenix 20 Jul 2019
Steve Turner, NSU president, said the partnership is a perfect example of public higher education’s ability to respond quickly to community workforce and health care needs ... “We believe this partnership will prove to be an excellent example of how the public, private and tribal sectors can work together to address critical workforce needs.”....
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Labour wants to end outsourcing of council services

BBC News 20 Jul 2019
"The vast majority of public-private partnerships are successful, delivering investment and high quality services."....
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Diubai's RTA, Careem to launch Hala service in September

Arabian Business 20 Jul 2019
He added that this partnership represents the first of its kind worldwide between a public transport authority and a private company specialising in smart booking ... Through this exciting partnership with RTA, we are now able to extend the benefits of our e-hailing technology to the mass population of Dubai through the ‘Careem’ taxi e-hailing App....
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Lillian Cunningham: Five myths about the moon

The Spokesman-Review 20 Jul 2019
Eisenhower’s public response was similarly unfazed ... Private companies now drive moon exploration ... While the nature of public-private partnerships has changed over time, and companies today exert more influence over how NASA operates, even moon missions were never solely a government endeavor ... Private vs. public is a false dichotomy....
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Perspective: Five myths about the moon

SCNOW Morning News 20 Jul 2019
Eisenhower’s public response was similarly unfazed ... Private companies now drive moon exploration ... While the nature of public-private partnerships has changed over time, and companies today exert more influence over how NASA operates, even moon missions were never solely a government endeavor ... Private vs. public is a false dichotomy....
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Growth to be the Economic Driver

Yahoo Daily News 20 Jul 2019
In the railways sector, the proposal is to focus on Public-Private Partnership (PPP) for faster development and completion of tracks, rolling stock manufacturing and delivery of passenger freight service ... capitalisation of the land bank as well as investment from private partners....
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