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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Addiction and recovery supports expanded in North Dakota

Wahpeton Daily News 09 Apr 2020
Nearly 4,100 people have used the voucher program to receive services from private providers in the state ... It also establishes quality assurance standards for the licensure of substance use disorder program services and facilities and provides policy leadership in partnership with public and private entities....
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Irene Hirano, head of U.S.-Japan Council and Sen. Inouye's wife, dies

Kyodo 09 Apr 2020
(Irene Hirano (4th from L), wife of Daniel K ... WASHINGTON - Irene Hirano, head of the U.S.-Japan Council and widow of the late U.S. Sen ... Her accomplishments include the launch of a public-private partnership to invest in the next generation of young Japanese and U.S ... .......
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LabCorp and Ciox Health Enter Collaboration to Create Comprehensive Patient Data Registry

The Marshall News Messenger 09 Apr 2020
We see this as only the beginning and are hopeful that, together, we and LabCorp will galvanize a public/private data sharing partnership to deepen our understanding of COVID-19 and other infectious diseases so we can plan for and manage these pandemics more effectively now and in the future.”....
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Govt support in FY09 was 6% of GDP; it's just 1% so far: Arindam Guha

The Times of India 09 Apr 2020
I think we will see more private sector involvement in terms of standard frameworks for public private partnership through which healthcare facilities and doctor bandwidth in the private sector will get leveraged; not only in the major cities but even in the tier-II cities and the same thing would apply to testing facilities as well ... Definitely ... ....
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Stantec selected as Lead Technical Advisor for Hurontario Light Rail Transit project

The Marshall News Messenger 09 Apr 2020
Metrolinx and IO are delivering the Hurontario LRT through a public-private partnership (P3) contract, which has a strong track record in Ontario. After completion, the LRT line will be operated and maintained by the Mobilinx Consortium but will remain publicly owned by Metrolinx....
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Crisis is a catalyst for energetic public-private partnerships in health sector

Business Day 08 Apr 2020
The UK pioneered public finance initiatives; what we in SA call public-private partnerships ... SA already has all the “secret” ingredients — relevant public-private partnership experience, a world-class health-care professional cohort, a strong higher education research ecosystem, and the health infrastructural foundation....
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Public-private partnership aims to facilitate PPE manufacturing

Record-Courier 08 Apr 2020
Businesses facing a downturn in activity because of the economic slowdown following the ......
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Trump administration plan to provide millions of free face masks fizzled

Democratic Underground 08 Apr 2020
The scale of this undertaking would have been extraordinary, mobilizing an enormous public-private partnership to deliver protective cloth masks to millions of people — in one iteration of the idea, maybe even to every American ... But Kadlec's idea for a bigger partnership has been tabled....
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TMD and Prestige Ameritech Increase Face Masks Production

Focus Daily News 08 Apr 2020
The Governor announced a new partnership between the Texas Military Department (TMD) and Prestige Ameritech to increase the production of face masks for health care workers ...The State of Texas is continuing to work closely with our public and private partners to ramp up the production and distribution of PPE in Texas,” said Governor Abbott....
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McLane Global Delivering One Million Meals to Rural Children Missing School Meals in Wake of ...

Tyler Morning Telegraph 08 Apr 2020
The feeding program is a public-private partnership between USDA, Baylor Collaborative on Hunger, McLane Global, PepsiCo and others that is designed for emergency home delivery of shelf-stable, nutritious meals to students in rural areas while limiting exposure to COVID-19....
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Company near Fort Worth to begin 24-hour production of personal protective equipment

Fort Worth Business Press 08 Apr 2020
Abbott announced a new partnership between the Texas Military Department (TMD) and the company ... "The State of Texas is continuing to work closely with our public and private partners to ramp up the production and distribution of PPE in Texas," said Abbott. "This new partnership ......
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Abu Dhabi Local Content programme begins with Dh15bn of tenders on offer

The National 08 Apr 2020
Public-private body formed to encourage sustainable development in Abu Dhabi. Abu Dhabi plans public-private partnership tenders worth Dh10bn ... Mohammed Ali Al Shorafa, said in a statement, adding that accredited private sector firms can benefit from local products and expertise....
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