The Advantages and Risks of Pursuing Public Private Partnerships Elements of Express Lane Networks in California, USA: Lessons for Developing Countries
@inproceedings{Munya2010TheAA, title={The Advantages and Risks of Pursuing Public Private Partnerships Elements of Express Lane Networks in California, USA: Lessons for Developing Countries}, author={Andrew Munya and Nairobi Kenya}, year={2010} }
Introduction: Public Private Partnerships Public Private Partnerships (also referred to as P3s or PPPs) are contractual arrangements between public and private sector entities where the private sector’s role involves participation in multiple elements of public infrastructure projects. PPPs are unlike conventional methods of contracting for a project, where discrete functions are divided and procured through separate solicitations. (US Federal Highway Administration 2009).Thus in P3s a single… CONTINUE READING
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