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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Public-Private Partnership Enhances Healthcare Education as Radford University Carilion

PR Newswire 17 Jun 2019
said, "The overwhelming support for this innovative, public-private partnership was critical in order to greatly enhance workforce development and provide a talent pipeline in high-demand, health-related fields ... for public-private cooperation in the Commonwealth of Virginia....
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Hospitals get $1.3 million for opioid fight; jails to split $1.5 million

Crains Detroit Business 17 Jun 2019
Gretchen Whitmer and the Michigan Opioid Partnership, a public-private collaborative focused on reducing overdoses and deaths. Funds from public and private sources will go ......
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Hospitals get $1.3M for opioid fight; jails to split $1.5M

The Herald Palladium 17 Jun 2019
Gretchen Whitmer and the Michigan Opioid Partnership, a public-private collaborative focused on reducing overdoses and deaths. Funds from public and private sources will go to ......
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Whitmer announces funding plan to battle opioid crisis

Detroit news 17 Jun 2019
... Partnership in an effort to decrease opioid overdoses and deaths ... The Michigan Opioid Partnership is a public-private partnership between the state of Michigan and nonprofits, including the Michigan Health Endowment Fund and the Blue Cross Blue Shield of Michigan Foundation....
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Talk on electrifying railroads set for Saturday

Ellensburg Daily Record 17 Jun 2019
... to the public ... Moyer will outline the efficiencies, advantages, and sustainability of electrified rail as well as the public alliances, policies, and public-private partnerships needed to make this vision a reality for a renewable energy future....
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Duluth to catch school zone speeders with photo enforcement

Atlanta Journal 17 Jun 2019
The contract approved by Gwinnett County DOT and Gwinnett County Public Schools proposes to utilize a public private partnership with Redspeed Georgia, LLC for enactment of the program....
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Firm Partners UK Institute to Train Fire Service Officers

This Day 17 Jun 2019
Falck Prime Atlantic (FPA), a subsidiary of Prime Atlantic Limited, has commenced a collaboration with a renowned Fire Service College, United Kingdom, to deliver specialised firefighting training to the public and private sectors in Nigeria ... However, commenting on the partnership, the Director, Falck Prime Atlantic, Mrs....
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Tema Port Expansion Project: More Businesses Likely To Collapse—Group

Modern Ghana 17 Jun 2019
The Ghana Employers Association (GEA) has called on Akufo-Addo government to take steps to save the businesses of their members from collapsing due to the ongoing Tema Port Expansion project. The project is a Public-Private Partnership between the Ghana Ports and Harbours Authority (GPHA), representing Government and Meridian Ports Services (MPS) ... ....
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Who will lead the charge on financing for a new Mississippi River bridge? Panel launches search

The Advocate 17 Jun 2019
+2. Rare financing could be key to building $1B Mississippi River bridge in BR ... Crafting a public-private partnership could hold the key to financing a new $1 billion bridge across the Mississippi River in Baton Rouge, acc… ... Officials have said a public-private partnership is likely the best way to make the project happen ... Sen ... John Bel Edwards ... ....
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Weld, UNC awarded more than $342,000 through Colorado scholarship program

The Tribune Greeley 17 Jun 2019
For the first time, all of Colorado’s eligible public institutions ... “In its five years of serving students, COSI shines as a national model for public-private partnership,” Angie Paccione, executive director of the Colorado Department of Higher Education, said in the release....
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Redding event to promote importance of pollinators

News Times 17 Jun 2019
The event is sponsored by the Redding Pollinator Pathway Partnership, which is part of a national effort to create pesticide-free corridors of public and private properties that provide native plant habitat and nutrition for pollinators ... ....
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Gram panchayat asks public to click photographs of those dumping construction debris

The Times of India 17 Jun 2019
Appealing to the public to help tackle the mounting problem of construction debris dumped by miscreants near the Bandipalya ... The project, initiated under the public private partnership (PPP) model is expected to mitigate the problem of managing construction waste in Mysuru....
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Walgreens and Greater Than AIDS Partner with Health Departments and Local HIV Organizations Across the ...

The Marshall News Messenger 17 Jun 2019
Public knowledge has not always kept up with the science,” said Tina Hoff, Senior Vice President and Director of ...Public-private partnerships like this help to close the knowledge gaps about HIV and connect people with services in their communities to get the care they need.”....

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