Synthesis of Public-Private Partnerships

Bryan Gibson, Candice Y. Wallace & Roy E. Sturgill
Public-private partnerships (P3s or PPPs) offer an innovative procurement method for the public sector. P3s involve collaborations between the public and private sectors to finance, develop or maintain transportation infrastructure. In an era of shrinking budgets and increased demand for transportation infrastructure, the Kentucky Transportation Cabinet (KYTC) can analyze experiences in other states to determine a best path forward on the issue of P3s. The objective of this study is to examine benefits and drawbacks...
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