The work of public private partnership consulting firms is to cooperate and assist public authorities and private firms, either in an informal manner or as a formal joint venture. A PPP is brought in to look at how to use the funding and how to go about the building, fixing and operating of the infrastructure within the public sector. This could be for a park, a parking lot, a public hospital, a library, a clinic, within schools, energy or water plants, transport systems and more.
Public authorities may come up with the plans but they need help to distribute funding and managing the project. This is why there are ventures between PPP and the public sector. Public private partnership consulting agencies are bought in, helping the public authorities with their knowledge from the private sector. A good public private partnership firm will help bring more investment and ensure that infrastructures are well built, efficient, operate correctly, and remain well maintained.
Public private partnership roles
There are several different kinds of PPPs and they take on different roles. Some come in for feasibility studies, funding only, others come in to help define objectives, look at the funding and finances, go through all the divisions of the public authority and consult, or look at the design of the infrastructure from start to finish. Some PPS handle some of the project only; others handle everything from start to finish.
When you are looking for a PPP, look for someone who has worked with the public sector on various projects. Chat to them about their experience, ask for a meeting and an assessment, and look at the other projects they have managed. Most public private partnership consulting firms are well experienced in working with the public sector. Feel comfortable with your decision, before moving forward.
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