Public-Private Partnerships
No. 38 SEPTEMBER 2013
There is no single definition of what a PPP is. However, it can be described as a contract between the public sector and a private entity where the latter provides a service according to the requirements set out in the contract and for which it is remunerated by the public entity. The State is thus designated as the grantor and the private entity as a concessionaire. In other words, in a PPP, the public entity determines the desired objectives and outputs from the infrastructure or service, as efficiently as possible, totally autonomously. Through PPP, the private entity is responsible for several stages of the process: design, construction, financing, maintenance and operation of the infrastructure or service.
There is no single definition of what a PPP is. However, it can be described as a contract between the public sector and a private entity where the latter provides a service according to the requirements set out in the contract and for which it is remunerated by the public entity. The State is thus designated as the grantor and the private entity as a concessionaire. In other words, in a PPP, the public entity determines the desired objectives and outputs from the infrastructure or service, as efficiently as possible, totally autonomously. Through PPP, the private entity is responsible for several stages of the process: design, construction, financing, maintenance and operation of the infrastructure or service.
More details
Dimensions
5 × 130 × 200 mm
ISBN
978-989-8662-12-5
Book available only in Portuguese
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