"Public Private Partnerships (P3s): Opportunity and Challenge"
Author: Michael S. Ellegood, PE
Date: September/October 2024
For decades, government agencies have worked to make government work more like business—reduce costs, particularly initial capital costs, streamline procurement, and reduce the risk of capital project cost overruns. All to deliver projects faster and cheaper with reduced risk. This quest to deliver projects faster, better, and cheaper have led some public agencies into a long term relationship with a private sector provider called a “Public Private Partnership.”
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