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 model crucial for deployment of EVs: Icra

Live Mint 15 Jun 2021
Public-private partnership model for operating electric vehicles, especially buses, will help state transport undertakings (STUs) deploy more such zero-emission vehicles in the coming years, according to India Ratings and Research ... India Ratings said public-private partnership ......
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OP-ED: A public/private success for Washington County

Observer-Reporter 15 Jun 2021
As Washington County was already familiar with successful public/private partnerships with the development of Southpointe Business Park, it became apparent that having two competing entities was detrimental to the county’s growth and discouraging to companies wanting to expand in the area....
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Inaugural Sylvio Dupuis Community Excellence Award to be presented next week

Union Leader 15 Jun 2021
ENA is a part of the Baldrige Enterprise, a nationwide public-private partnership dedicated to improving the performance of, and recognizing, role model U.S....
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PIKAS needs to be expanded to cover all 17 essential sectors, says MEF

Malaysian National News Agency 15 Jun 2021
KUALA LUMPUR, June 14 -- The public-private partnership immunisation programme (PIKAS) needs to prioritise critical industrial sectors facing high risk of COVID-19 ......
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RIL rescue centre likely to get leopards from Himachal Pradesh, Uttarakhand

The Times of India 15 Jun 2021
AHMEDABAD ... The Greens Zoological Rescue and Rehabilitation Kingdom, which is owned by Reliance Industries Limited (RIL), is said to be the first public-private partnership (PPP) between a state government and a private entity in managing the leopard population ... We can accommodate 108 leopards at the centre which is spread over 14 acres.” ... ....
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Hamilton County Schools, EPB partnership provides free internet access to one-third of district students

Times Free Press 15 Jun 2021
EdConnect, a partnership between Hamilton County Schools and ... "Private and public partnership was a critical part of this program being possible, and we will continue to seek community partners who can join us in helping all children thrive and experience a future without limits."....
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Board hears about early childhood learning

Hastings Tribune 15 Jun 2021
Funding for the programs comes from Sixpence, a public/private partnership that aims to prepare Nebraska’s vulnerable children for success in school and life through early learning opportunities in the first three years ... The Hastings School-Child Care Partnership program helps child care providers in the community....
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Housing Funds: Oregon counties receiving emergency vouchers

The St Helens Chronicle 15 Jun 2021
"As we work together to stop the spread of COVID-19 and focus on more equitable opportunities we need investments like this that advance public private partnerships and leverage existing resources," Madsen said....
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Centre issues new guidelines to regulate attendance in govt offices

Live Mint 15 Jun 2021
Premium Premium Public-private partnership model crucial for deployment .... -''Meeting, as far as possible shall be conducted on video-conferencing and personal meetings with visitors, unless absolutely necessary in the public interest, are to be avoided,'' it said....
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A’s brass to make 2nd trip to Las Vegas next week

Las Vegas Review-Journal 15 Jun 2021
Oakland Athletics' President Dave Kaval speaks with Las Vegas Review-Journal reporters Thursday, May 27, 2021 ... The A’s are looking at where an estimated $1 billion ballpark could work in the valley and how it could be funded, as Kaval said in May the team is looking to set up a public-private partnership to build a ballpark ... ....
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Franklin city staff shares updates on upcoming park, road projects

Williamson Herald 15 Jun 2021
She shared that the city will soon announce a private-public partnership concerning this project, with Friends of Franklin Parks being the primary fundraising body for the roughly $3 million playground and park ... The city is also currently gathering public input on a couple projects unrelated to roadwork....
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Rahul Gandhi urges everyone to take Covid-19 shots as soon as possible

Live Mint 15 Jun 2021
New Delhi. Congress leader Rahul Gandhi has urged everyone to follow safety rules and get vaccinated. "Unlocking is happening but the coronavirus is among us and will continue to remain ... No one is safe till the time everyone is safe. Take care of yourself." ... Premium Premium Public-private partnership model crucial for deployment .... ....
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Art auction helps raise money for Montauk Skatepark renovation

New York Post 15 Jun 2021
More On.. montauk. ‘RHONY’ alum Kelly Bensimon goes topless on a boat in Montauk ... The park — which will expand to cover a former basketball court and could end up as large as 7,000 square feet — is set to be paid for by a public-private partnership with the East Hampton Town paying for part and the community raising money for the rest ... ....

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