The CBC Research Program

Public-Private Partnerships
Andrew S. Lynn, Co-Chair
Deborah M. Sale, Co-Chair

Public-private partnerships (PPP) are long-term contractual agreements between government and a private sector firm or consortium in which the private sector makes investments to build, renovate, finance, operate and/or maintain a facility or system providing a public service. While the public sector retains ownership of the asset, risk and rewards are shared between sectors. Recent PPPs for toll roads in Chicago and Indiana generated substantial one-time payments for governments and have raised the profile of PPPs; they have also raised questions about fiscal stewardship, accountability and other issues.

Competitiveness
David R. Greenbaum, Co-Chair
David Tanner, Co-Chair

Transportation
Steven M. Polan, Co-Chair
Seth P. Bernstein, Co-Chair