Article
Public-private partnerships poised for growth
The following excerpts are from the 2012 Mid-Year Keating Report, which includes analysis of federal, state, and local government finances, as well as an in-depth look at public works and transportation construction, public-private partnerships, the economy and government purchases.
More governments are looking to public-private partnerships (PPPs) to meet infrastructure needs, according to the 'Keating Report' from American City & County's sister publication Government Product News.
One expert who sees a growing use of public-private partnerships is Richard Norment, executive director of the Arlington, Va.-based National Council for Public-Private Partnerships (NCPPP). "As the fiscal challenges continue at all levels of government, the months remaining in 2012 will continue to see an expansion in the use of public-private partnerships (PPPs)," Norment told GPN.
Norment says "As public officials learn how to use evaluation tools like Value for Money (VfM), Public Sector Comparators and Full Life-Cycle Analysis, it will become increasingly apparent that private capital can be a cost-effective way to leverage the limited funds and other assets that the public sector has for addressing a growing range of infrastructure needs." …
Read the entire story from Government Product News, our sister publication.
This is news or product
This is news or product placement? Next we’ll read about the Pork Bellies Investor Association saying that there is increasing interest in pork bellies and your generous partner at the National Council for Pork Belly Sales declaring why it’s a good time for pork bellies.