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A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions. [1] [2] Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. [3]
Public–private partnerships (PPP or P3) are cooperative arrangements between two or more public and private sectors, typically of a long-term nature. [1] In the United States, they mostly took the form of toll roads concessions, community post offices and urban renewal projects. [2]
The name “public social private partnership” (PSPP) is a development of Public Private Partnership (PPP).. PPP is one expression of a strong trend towards (re)privatisation, which in some European countries has arisen as a result of more difficult economic conditions in recent years and the associated structural crisis in the public sector (see Eschenbach, Müller, Gabriel: 1993).
There is no widely accepted definition of what a PPP unit is. The World Bank defines a PPP Unit as an organization that “promotes or improves PPPs. It may manage the number and quality of PPPs by trying to attract more PPPs or trying to ensure that the PPPs meet specific quality criteria such as affordability, value for money, and appropriate risk transfer.” [2] Heather Whiteside describes ...
A public–private dialogue (PPD) is a dialogue between the public sector and the private sector.More specifically, PPD is a process, which might include competitiveness partnerships, investors’ advisory councils, presidential investment councils, business forums, water forums, public-private alliances, state-business relations, public-private collaboration, reform coalitions, etc, aiming at ...
In Public Administration, the Public Sector Comparator (PSC) is a tool used by governments in determining the proper service provider for a public sector project. It consists of an estimate of the cost that the government would pay were it to deliver a service by itself. [ 1 ]
Public–private partnership (PPP or P3) in Canada is a form of alternative service delivery that involves a formal, collaborative arrangement between the public and private sectors, typically of a long-term nature.
Divestment: Leasing or selling public assets to the private sector, however the government has some control over the regulatory mechanisms of the private asset . [26] Public-private-partnership (PPP): Private financing of infrastructure, through an agreement with private corporations. [27]