public private partnership

public private partnership
public private partnership (PPP)
A range of business structures and partnership arrangements involving government and private sector, from PFI (private finance initiative) to joint ventures and concessions, outsourcing and the sale of equity stakes in state-owned businesses.
+ Public Private Partnership (PPP).
A contractual arrangement between a public and private sector entity providing a service or performing a departmental function, in accordance with an output specification, for a specified, significant period of time. PPP involves a substantial transfer of all forms of project life cycle risk to the private sector. The public sector retains a significant role in the project either as the main purchaser of the services provided or as the main enabler of the project.
+ Public Private Partnerhip (PPP)
USA
A contract between a public sector authority and a private entity, in which the private party provides a public service or project and assumes the financial, technical, construction and operational risk associated with the service or project. Depending on the structure of the PPP and the nature of the project, ownership of the project may be leased (build-operate-transfer (BOT)) or transferred to the private entity temporarily or permanently (build-own-operate-transfer (BOOT) and build-own-operate (BOO)).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Public-private partnership — (PPP) describes a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. These schemes are sometimes referred to as PPP or P3.In some types of PPP …   Wikipedia

  • public-private partnership — ➔ partnership * * * public private partnership UK US noun [C] (ABBREVIATION PPP, P3) GOVERNMENT ► an arrangement where a government and a profit making company invest in and work on an activity together: »A public private partnership wil …   Financial and business terms

  • public private partnership — UK US noun [uncountable] business a system in which private companies work with the government to provide public services such as health services Thesaurus: government programmes and policieshyponym …   Useful english dictionary

  • Public-Private-Partnership — Als Public Private Partnership (Abkürzung PPP), auch Öffentlich Private Partnerschaft (ÖPP), wird die Mobilisierung privaten Kapitals und Fachwissens zur Erfüllung staatlicher Aufgaben bezeichnet. Im weiteren Sinn steht der Begriff auch für… …   Deutsch Wikipedia

  • Public-private partnership — Als Public Private Partnership (Abkürzung PPP), auch Öffentlich Private Partnerschaft (ÖPP), wird die Mobilisierung privaten Kapitals und Fachwissens zur Erfüllung staatlicher Aufgaben bezeichnet. Im weiteren Sinn steht der Begriff auch für… …   Deutsch Wikipedia

  • Public Private Partnership — Dieser Artikel oder Absatz stellt die Situation in Deutschland dar. Hilf mit, die Situation in anderen Ländern zu schildern. Als Public Private Partnership (PPP), auch Öffentlich Private Partnerschaft (ÖPP), wird die Mobilisierung privaten… …   Deutsch Wikipedia

  • public-private partnership —    Britain    accepting private finance and management for a public service    Having long opposed privatization when out of office, Labour needed a new term for it when elected:     A CDC public private partnership (new speak for privatization)… …   How not to say what you mean: A dictionary of euphemisms

  • Public-private-Partnership — Pu|b|lic pri|vate Part|ner|ship [ pablɪk pra̮ivɪt pa:ɐ̯tnɐʃɪp ], die; , s [engl. public private partnership] (Wirtsch.): Zusammenarbeit von Staat u. Privatwirtschaft bei einem bestimmten Projekt (Abk.: PPP) …   Universal-Lexikon

  • public-private partnership — viešojo ir privataus sektorių partnerystė statusas T sritis Politika apibrėžtis Netradicinis viešojo pirkimo būdas, kai sudaroma ilgalaikė viešojo ir privataus sektoriaus sutartis dėl viešosios infrastruktūros sukūrimo ar viešųjų paslaugų teikimo …   Politikos mokslų enciklopedinis žodynas

  • public–private partnership — (PPP)    Formal partnerships between government agencies and private firms that are formed to deliver a policy or manage a specific initiative, be it small or large scale. Usually the money derives from the private sector but the risks involved… …   Glossary of UK Government and Politics

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