Guide to Financial Literacy Vol. 3: Understanding the Risks & Rewards of Public-Private Partnerships
Public-Private Partnerships (P3s) are now a permanent part of state and local governments’ service delivery toolkit and interest in them has a lot to do with financial necessity. P3s can help address spending gaps in infrastructure investments by, among other things, using private sector money to jump-start projects that might not happen otherwise. This guide focuses on P3 infrastructure projects, with emphasis on emerging applications for areas such as stormwater management, broadband and public buildings. Download this guide to understand what P3s are, how they work and when they’re right for the community.