What is a Public Private Partnership?
A Public Private Partnership (P3 or PPP) is defined as an arrangement formed between Public and Private Sector partners that commonly involves a Government Agency contracting with a private partner to renovate, construct, operate, maintain and/or manage a facility or system, in whole or in part, that provides a public service.
Under this arrangement, the Agency may retain ownership of the public facility or system, but the private party generally invests its own capital to design and develop the properties. Each partner typically shares in income resulting from the partnership. At a time of shrinking resources and growing demands on State revenues, P3s are increasingly attractive to State Governments as a way to provide services and infrastructure for citizens.
DBi Services is fully aware of the current challenges faced by our global infrastructure; the need for more capacity, the need to reverse the trend of deferred maintenance and the need for increased funding.
DBi Services participates in P3's in a number of ways, but most commonly as a consortium team member providing long-term operations and maintenance services.
We understand successful Public Private Partnerships are built on delivering service to our customers--the traveling public. DBi Services is fully dedicated to supporting the P3 process as it expands worldwide.
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