Volume : II, Issue : X, October - 2013

Public – Private Partnership

Dr. Shankar T. Battase, Smt. Sunanda Shankar

Abstract :

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, P3 or P3. 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 other types (notably the private finance initiative), capital investment is made by the private sector on the strength 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).

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr. Shankar T. Battase, Smt. Sunanda Shankar / Public‾Private Partnership / International Journal of Scientific Research, Vol.2, Issue.10 October 2013

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