Recently in Public/Private Partnerships Category

Source: By Marvin Shaffer, Straight.com (Vancouver), November 20, 2009

 

 ...... However, the major and most obvious failing of Partnerships B.C.'s methodology is that it only focuses on the benefits of P3s and completely ignores the cost side of the equation. When private companies finance public projects, they pay higher interest rates on what they borrow and require a high rate of return on what they invest. The higher costs of private financing for P3s are built into the lease rates that taxpayers ultimately pay, and are much higher than the debt service costs that government would pay if it financed the projects itself.

Source: BETH GARDINER, Wall Street Journal, November 6, 2009

 

Business schools are mainly known for grooming future financiers and corporate bosses, but many now count public-sector staff from military officers to local government managers among their students too.

......  The economic downturn has also prompted a small but growing number of graduating M.B.A.s to consider government careers, a departure from their traditional preference for fields like finance and consulting.

..... With public-private partnerships key to the delivery of many government services and big governmental departments now commonly containing business-like strategy units, she adds, "there's been much more of a mixing up of the kind of skills and knowledge needed within both the public and private sectors."

Source:  Sean Holstege, Arizona Republic, Oct. 16, 2009 12:00 AM

The  Arizona has opened the gates to building the state's first private toll road, and would-be developers are poised to rush in.

When Gov. Jan Brewer signed the law in July allowing public-private partnerships to build toll roads, she granted Arizona more freedom than most states to cut such deals, experts say. Arizona Department of Transportation officials expect to set the rules early next year to put the law into action.

Source: Richard Norment, American City & County, Apr 1, 2009 12:00 PM



..... Public-private partnerships (PPPs) could help compensate for the shortfall between the ARRA's funds and the amount necessary to fix the infrastructure problems in both the short and long term. In the near term, the shortfall forces a closer examination of the available private sector financing options. The private capital available for infrastructure projects is estimated at $450 billion, more than five times that available in the ARRA.