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Concept and objectives of public private partnerships

Public private partnerships (PPPs) are contractual agreements between public and private partners for the development or management of a project aimed at delivering a public service, whereby a substantial part of the financing and the risks is shared between the public and private parties.

PPPs may aim to increase the availability of financial resources, increase the efficiency of a project or reduce its costs, simplify the development of the project, reduce the lead-time, optimize the whole life cost cycle of the project, allow funding structures that are more reliant on the users, or defer public liabilities without showing them in public accounts.

content link: http://www.cedr.fr/home/fileadmin/user_upload/Publications/2009/e_Public_private_partnerships_(PPP).pdf
content language: English
English summary: no
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 economics & administration
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created: Sylvia Derveaux, 09.07.2010 16:56:02
last modified: Sylvia Derveaux, 19.07.2010 16:38:13