Public-Private Partnerships for Infrastructure Delivery
Ashby H. B. Monk
Stanford University - Global Projects Center
Raymond E. Levitt
Stanford University, Global Projects Center
September 19, 2012
Given the current state of infrastructure needs in the U.S., does it not make sense for the public sector to draw on all potential project delivery systems -- including public-private partnerships? Together, the public and private sectors can provide the best services to meet the growing needs of U.S. infrastructure -- with the private sector often tapped for its potential to deliver value and innovation. This does not suggest that alternative delivery systems or public-private partnerships are the sole solution for resolving the challenges involved. The art for policymakers is to determine when and where public-private partnerships make sense, to develop procurement and other systems that balance the transfer of risk and reward to the private sector and, most importantly, to deliver value for the public’s money in the form of enhanced infrastructure services.
Number of Pages in PDF File: 102
Keywords: Public Private Partnerships, PPPworking papers series
Date posted: September 20, 2012 ; Last revised: October 26, 2012
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