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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Kedar for PPP model to develop sports infra in Maharashtra

Yahoo Daily News 21 Feb 2020
Mumbai, Feb 21 (PTI) Maharashtra Sports Minister Sunil Kedar on Friday said he is keen to use the Public-private partnership (PPP) model for growth of sports infrastructure in the state....
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Sunil Kedar for PPP model to develop sports infrastructure in Maharashtra

The Times of India 21 Feb 2020
Maharashtra sports minister Sunil Kedar on Friday said he is keen to use the Public-private partnership (PPP) model for growth of sports infrastructure in the state....
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Frisco to host open house on public-private housing proposal

Summit Daily 21 Feb 2020
26, at the town’s First and Main Building, and community members are invited to share their input on a potential public-private housing partnership ... The designs are being proposed by a private property owner, who approached ......
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Buffalo’s Race for Place

Buffalo Rising 21 Feb 2020
Diving deeper into the dynamics of this campaign, led by the Buffalo Urban Development Corporation, the plan entails seeking out additional (and strengthened) public-private partnership opportunities that will help to bolster critical mass and vibrancy in Downtown Buffalo....
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Richard Connor: More bad news for Panther Island – will it ever end?

Fort Worth Business Press 21 Feb 2020
“Furthermore, I believe this is an opportunity to bring private partners to the table and explore public-private partnerships.” ... Maybe it’s time for folks to catch their breath, see if Granger survives the March 3 primary, explore Price’s idea of a public-private partnership and ......
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Edinburgh councillors kept in dark over Princes St Gardens 'debenture scheme'

Scotsman 21 Feb 2020
Instead, they were handled and agreed internally by the team working on the Quaich Project, “a public-private partnership” created by the city council and the Ross Development Trust, which was set up by the former owner of the Edinburgh Playhouse, Norman Springford, to pursue a redevelopment of the gardens....
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MITRE Engenuity to Evaluate Cybersecurity Products Based on Carbanak and FIN7 Groups

The Marshall News Messenger 21 Feb 2020
... private sector on public interest challenges like cybersecurity ... Through our public-private partnerships and federally funded R&D centers, we work across government and in partnership with industry to tackle challenges to the safety, stability, and well-being of our nation....
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Elk Rapids to Suttons Bay ferry concept floated in shoreline villages

Traverse City Record-Eagle 21 Feb 2020
So the best chance for this idea to become reality likely would be through a partnership among public, private and nonprofit agencies, Pontius said ... It might be easier if a private ferry company made this proposal, he said, but it’s more likely this project would happen through a public-private partnership similar to what Pontius recommended....
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Patil asks KMC to draw plan to develop truck terminus, bus terminus

The Times of India 21 Feb 2020
Currently, heavy vehicles — both trucks and private transport buses — are parking along the roads ... The KMC is likely to rope in private contractor to develop infrastructure for truck terminus. The public-private-partnership (PPP) model is likely to be adopted as the KMC lacks funds to develop and maintain the infrastructure....
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Council leaders admit they were kept in the dark over Princes Street Gardens 'debenture scheme'

Scotsman 21 Feb 2020
Instead, they were handled and agreed internally by the team working on the Quaich Project, “a public-private partnership” created by the city council and the Ross Development Trust, which was set up by the former owner of the Edinburgh Playhouse, Norman Springford, to pursue a redevelopment of the gardens....
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Funding boost! World Bank offers financial assistance for last stretch of Eastern Dedicated Freight Corridor

Yahoo Daily News 21 Feb 2020
World Bank to fund section of Eastern Dedicated Freight Corridor? The World Bank has recently offered to give financial assistance for the last remaining portion of the EDFC between Sonnagar in Bihar and Dankuni in West Bengal, which Indian Railways is originally slated to develop in the public-private partnership (PPP) model....
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Texas A&M University System announces major development project in Houston's Texas Medical Center

The Bryan Eagle 21 Feb 2020
The complex will include three buildings, two of which will be constructed through public-private partnerships ... Medistar Corporation is the developer for the public-private partnerships, and System Vice Chancellor of Business Affairs Phillip Ray said they have a 60-year ground lease on four acres of the land....
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Subways witness part improvement BBMP is trying to fix pedestrian subways, but it has a ...

Deccan Herald 21 Feb 2020
The BBMP is contemplating bringing all pedestrian subways under the private-public partnership (PPP) model ... We plan to take up all subways under one package and bring them under the private-public partnership model, where the private partner will be leveraging advertising rights....
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