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Public-private partnership

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Definition Edit

A public-private partnership is

[a]n arrangement between a public agency (federal, state, or local) and a for-profit corporation. Each sector (public and private) contributes skills and assets in delivering a service or facility for the use of the general public or the parties to the partnership.[1]

References Edit

  1. A Glossary of Terms Used in the Federal Budget Process, at 81.

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