PPPs and project finance

Authored by: E. R. Yescombe

The Routledge Companion to Public–Private Partnerships

Print publication date:  February  2013
Online publication date:  March  2013

Print ISBN: 9780415781992
eBook ISBN: 9780203079942
Adobe ISBN: 9781136163302

10.4324/9780203079942.ch10

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Abstract

The US National Council for PPPs describes a PPP as:

a contractual agreement between a public party (federal, state or local) and a private sector entity. Through this agreement, the skills and assets of each sector (public and private) are shared in delivering a service or facility for the use of the general public. In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the service and/or facility. 1

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