Jan 09, 2017
From the Government Institute
All levels of government are experiencing significant budgetary challenges that are not expected to subside in the foreseeable future. Many governments are exploring creative cost-cutting and financing initiatives, including public-private partnerships (PPPs). PPPs for roads, bridges, and other transportation projects are most common, however, PPPs can take many forms.
This article, reproduced with the permission of the Association of Government Accountants, discusses what government financial managers should know about the concepts and leading practices of PPPs.