What Are the Benefits of Public-Private Partnerships?

1
What Are The Benefits Of Public-Private
Partnerships?
1
2
Overview
A public-private partnership (also known as 3P,
P3, or PPP) is an agreement between a private
transportation infrastructure company and the
local government. According to this agreement, a
private bridge infrastructure company invests
capital for solving the infrastructure crisis in
the United States. As per todays scenario, the
government of the United States is comfortable
with public-private partnerships. In fact, many
bridges in the United States are the result of
public-private partnerships.
3
What Are The Main Reasons For Using A PPP?

• PPP allows the US government to leverage the
  expertise, knowledge, and efficiencies of the
  private sector.
• Government do not have to face a financial
  crisis. Private bridge infrastructure companies
  invest funds to help the government in repairing
  old and deficient infrastructure across the
  United States.

4
What Are The Benefits Of Public-private
Partnerships?

• Cost Savings

• Improved Quality

• Fewer Financial Constraints

5
Cost Savings

• PPP eliminates unnecessary errors and costly
  mistakes. The best part is that duplicative
  inspection needs are eliminated with PPP. A
  shorter project timeline and other benefits
  result in significant cost savings too.

6
Improved Quality
With PPP, the government is able to incorporate
new technology and innovative ideas into the
design and construction plan of a project. Apart
from this, people worked in private firms work
better due to ownership stake in the project and
want to continue.
7
Fewer Financial Constraints

• Well, a tight budget has always been one of the
  major reasons behind the infrastructure crisis in
  the United States. The flexible funding option in
  public-private partnerships has eliminated this
  problem.

8
Thanks!
Any Questions?
Contact Us 1(720)893-7508 Info_at_unitedbridgepar
tners.com