Public-private partnership definition

Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or
Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or contractors share with the procurement unit the responsibility or risk of developing, owning, maintaining, financing, or operating the project.
Public-private partnership means a partnership where private sector partners, the Community and, where appropriate, other partners, such as public sector bodies, commit to jointly support the development and implementation of a research and innovation programme or activities;

Examples of Public-private partnership in a sentence

  • AND WHEREAS The "OWNERS" propose to undertake Construction and development of “Housing Project with multi storey flats” for various category through Public Private Partnership mode on planning, designing, engineering, financing, construction, marketing, operation, maintenance & transfer basis.


More Definitions of Public-private partnership

Public-private partnership or “PPP” means a commercial transaction between an institution and a private party in terms of which the private party –
Public-private partnership means an arrangement or agreement, occurring on or
Public-private partnership or “P3” means an alternative project
Public-private partnership means a contract:
Public-private partnership means an agreement, including, but not limited to, an operating concession agreement between the bridge enterprise or the transportation enterprise and one or more private or public entities that provides for:
Public-private partnership means an agreement
Public-private partnership means an arrangement between the central, a statutory entity or any other government-owned entity, on one side, and a private sector entity, on the other, for the provision of public assets or public services or both, or a combination thereof, through investments being made or management being undertaken by the private sector entity, for a specified period of time, where there is predefined allocation of risk between the private sector and the public entity and the private entity receives performance-linked payments that conform (or are benchmarked) to specified and predetermined performance standards, deliverables or Service Level agreements measurable by the public entity or its representative;