Research Report: A Guide to Public-Private Partnerships1 (PPPs): What Public Procurement Specialists Need To Know
- Public and Private Partnerships
Facing increasingly constrained budgets and with an inability to generate additional revenues, many governments have turned to partnerships with the private and nonprofit sectors. The main purpose of this report is to provide a comprehensive discussion of PP/NP arrangements. And while the rhetoric surrounding their development has been overwhelmingly positive – in reality, there is much confusion. It is important that public procurement specialists remain realistic about the possibilities of PP/NPs and proceed with caution when advocating or establishing such contractual relationships.