Successful Public/Private Partnerships: From Principles to Practices

In a time of diminished resources, the public sector is facing new challenges - ranging from meeting the needs of aging baby boomers and the massive millennial generation to coping with a national infrastructure deficit to fostering economic competitiveness. Addressing these challenges requires a collaborative effort by the public and private sectors to use the skills and resources of each to shape and carry out developments that respond to these challenges. As a result, public private partnerships (PPPs) in development, infrastructure, and public facilities are ever more essential. This book will arm public and private sector representatives with an understanding of the obstacles and opportunities inherent in PPPs, as well as provide a toolkit of best practices and lessons learned for the creation of effective PPPs. The material in this book is applicable to a wide range of communities, and is designed to help members of the public and private sectors understand each others’ needs, expectations, and resources. At a time when the practice of PPPs is rapidly evolving, this reports examines many recent case studies and covers news trends, such as using PPPs to deliver infrastructure that can support future development.