Canada:
A Discussion On The Delivery Of Infrastructure Through Public-Private Partnerships: The Importance Of Policy Architecture - PUNUKA Annual Lecture, Lagos, Nigeria
31 August 2017
WeirFoulds LLP
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The World Bank's PPP Knowledge Lab defines a Public-Private
Partnership ("P3") as "[a] long-term contract
between a private party and a government entity, for providing a
public asset or service, in which the private party bears
significant risk and management responsibility, and remuneration is
linked to performance". The core features of P3 procurement
are the transfer of risk to the private sector, and private
financial participation.
This paper was delivered by Frank E. Walwyn at the 2017 PUNUKA
Annual Lecture in Legos, Nigeria, on 27 April 2017.
Please click here to read the paper.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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