What are PPPs?
The term 'PPP' has been used to describe numerous arrangements by which the public and private sector work together to achieve an outcome.
In Australia, PPPs usually involve: • private sector finance; and • the bundling of design, construction, maintenance and sometimes other services into a single long-term 'whole of life' contract. However, the term 'PPP' is often used, in Australia and elsewhere, to also refer to other contractual arrangements that don't involve all of the above elements. |
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