Public/Private Partnership Guide
The public/private partnership is a relative new phenomenon, now emerging in the government infrastructure and related services area. At the close of the 1990s, capital funding to replace and renovate public infrastructure has been in decline for several years, despite the growing economy. At the same time citizens have increased their expectations for government infrastructure and added services. The shortfall in government funding and the citizens' increased expectations have caused governments to look for alternate methods to meet the community's requirements. The resulting public/private partnerships are a way to provide facilities infrastructure and related service delivery through a commercial partnership between government and the private sector.
Peggy.Robertson@dpb.virginia.gov
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