Definitions for "Public Private Partnership"
an arrangement for service delivery, whereby government and private enterprise pool their skills and resources to meet a particular objective.
Where an organisation, such as a council or government department, strikes a deal that allows the private sector to deliver a public service.
arrangements that result from a competitive process, between government and private sector entities for the purpose of providing public infrastructure and related services. Such partnerships are categorized by the sharing of investment, risk, responsibility and reward between the partners. The reasons for establishing such partnerships vary but generally involve the financing, design, construction, operation and maintenance of public infrastructure and services. 5.3