Respondent #13 |
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| Type of Organization | Other Citizen |
| Top benefits of PPP
| Help finance necessary infrastructure |
| PPP Concern 1 | It is not clear to me that the private sector can build and maintain infrastructure more cheaply than state and local governments. In the specific example of which I am aware, the private entity will offer a small amount of its own funds and leverage that with low-cost government funds like TIFFIA and activity bonds. The private entity will take its equity out at the front end, leaving government to cover any deficits. |
| PPP Concern Mitigation 1 | Prohibit private entities from accessing government financing for these projects, or insist on a minimum percentage of private funds |
| PPP Concern 2 | Government loses control over the asset. Decisions about what to build, when to build and what to charge are left to private entities. Private entities make decisions solely based on profit motives, which may be in direct conflict with the public interest. |
| PPP Concern Mitigation 2 | I don't know. |
| PPP Concern 3 |
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| PPP Concern Mitigation 3 |
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| PPP Concern 4 |
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| PPP Concern Mitigation 4 |
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| PPP Concern 5 |
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| PPP Concern Mitigation 5 |
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| Factors to consider by decision-makers | Maintain government control and oversight of all aspects of the project |
| Contract structures/techniques to protect public interests | Don't know |
| Other perspectives |
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