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


Comprehensive Guide Educates Readers about Public-Private Partnerships and their Benefits

Nasdaq Globe Newswire 26 May 2020
... a powerful look at the impact of public-private projects across the country....

UPS supports coronavirus response in Philippines

Sun Star 26 May 2020
The strong demonstration of public-private partnership saw a total of 47 tons of medical-grade fabric delivered by UPS over multiple shipments, with the first shipment fulfilled within five days of the DTI-PDRF request ... This is a global problem that requires concerted and timely effort by public and private stakeholders....

Pandemic prompts call for EU catastrophe insurance cover

Canada Dot Com 26 May 2020
This would involve public-private partnerships and could cover events which hit businesses but do not involve physical damage, FERMA said in a letter to the European Commission ... Insurers in Britain and the United States are also seeking public-private partnerships for future ......

Legislators turn down proposal to earmark public funding for North-South expressway

The Saigon Times 26 May 2020
Eight of 11 sections of the 1,109-kilometer North-South Expressway were initially meant to be developed under the public-private partnership (PPP) model ... especially at a time when the National Assembly is reviewing the public-private partnership law, according to the committee....

Covid-19 Impact: Niti Aayog May Pitch for Short-duration R&D Projects

Yahoo Daily News 26 May 2020
"We are basically now looking for how to transform the R & D to meet the challenges ... "It has to be in private institutions, it has to be in public institutions, public-private partnership mode, and collaborative. Boundary between private, public, national laboratories, academic institutions should completely become impervious ... ....

Infosys partners up with Avaloq for digital wealth management services

Business Line 26 May 2020
Infosys announced a strategic partnership with Zurich-based software company Avaloq on Tuesday to provide end-to-end (e2e) ... The partnership is meant to offer e2e products and services as Software-as-a-Service (SaaS), private cloud or public cloud across the globe to its clients....

Mitsotakis: The Government Aims to Continue the Developmental Boom

The National Herald 26 May 2020
THESSALONIKI - Continuing on the path of a developmental boom with public, private and public-private partnerships (PPPs) is the government's goal, after the successful management of the first phase of the coronavirus pandemic, Prime Minister ......

'The big show': US poised to return to human spaceflight with historic launch

The Guardian 26 May 2020
... of a rocket born from a groundbreaking public-private partnership returns the United States to the business of human spaceflight....

Wadia case: Think tank founder to deposit Rs 1 cr

The Times of India 26 May 2020
It said that authorities and the hospital in its public private partnership of several decades are working together as a “more successful tool’’ to provide facilities to the poor ... The hospitals said it was not a public but a “private interest litigation’’ “totally lacking in bona fides.’’....

Bombay HC directs founder of 'think tank' to deposit Rs 1 crore next week before hearing his PIL on merit

The Times of India 26 May 2020
It said that authorities and the hospital in its public private partnership of several decades are working together as a “more successful tool’’ to provide facilities to the poor ... The hospitals said it was not a public but a “private interest litigation’’ “totally lacking in bona fides.’’....

Coronavirus: Alameda to launch community fund to help those affected

The Mercury News 26 May 2020
The idea behind “Alameda Strong,” which the council unanimously approved Tuesday in a teleconference meeting, is to create a public and private partnership that can solicit donations from residents, businesses and foundations to supplement the relief program approved in April....

MITRE Names Dr. John Noseworthy to Board of Trustees

The Marshall News Messenger 26 May 2020
MCLEAN, Va. & BEDFORD, Mass.--(BUSINESS WIRE)--May 26, 2020--. MITRE’s Board of Trustees has elected Dr ... "We are pleased to welcome Dr ... 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....

OPINION: The Local Leader’s Toolkit, Part One

Pagosa Daily Post 26 May 2020
We should think in terms of public-private partnerships because, while ... The same public-private kind of relationships apply as with food ... Support the public health response. Resist the temptation to make the conversation adversarial between public health and the economy ... Direct your public safety personnel accordingly....

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