research publicprivate partnership construction projects Sel
research public-private partnership construction projects. Select one for your analysis and address the following:
Describe the roles of the private and public entities in your selected project.
Explain how risks, relationships, financing, and concession periods impacted this project.
Solution
Answer:- Public private partnership:- That partnership in which government and private company are include , called public –private partnership. This type of partnership is also known as P3.
Roles of public and private in public-private partnership:- Government and private firm both take active part for construction of project . Both give ideas , money .
At conceptual level primary drivers of public private partnership are new sources of capital, cost savings ,risk transfer , and accountability remain strong. Government officials at all level like federal, state , and local continue to operate in an environment of constraint financial resources citizens expectations for efficient and timely operations.
