Provides an overview of Public-Private Partnerships (PPPs)—what they are, how they are used to provide infrastructure assets and services, their benefits, and their pitfalls
There is no single, internationally accepted definition of Public-Private Partnership. This Reference Guide takes a broad view of what a PPP is, defining it as:
A long-term contract between a private party and a government entity, for providing a public asset or service, in which the private party bears significant risk and management responsibility and remuneration is linked to performance.
Updated: October 25, 2021