EUROVIA’s public-private partnership activities (PPP) have many facets and one common ground: They improve the life of many people. Urgently necessary measures are planned sustainably, financed, built at a high quality standard and operated long-term in an economically viable way.
PPP—what exactly is it? A definition
PPP stands for public-private partnership. PPP is a kind of cooperation between public-sector clients and businesses in the private sector who act as contractors.
Their purpose is to realize public-sector infrastructure projects as quickly as possible and to a high standard of quality, and make them available to the public. In public-sector building construction, for instance, such projects take in schools, town halls, hospitals, police stations or cultural buildings. In the area of long distance road construction, they include highways, bridges or tunnels. The business model is also known as P³ or private finance initiative (PFI).
Certainty: the certainty of cooperating with an equally experienced and innovative provider of construction services
360-degree view: taking into consideration the interests of all project participants and third parties in environmental and design/planning issues
Rapid implementation: access to know-how of one of the biggest international providers of construction services
Minimized risks: long-term contracts, balanced distribution of risks, dependable planning, transparency, investment orientation and security
Efficiency: enduring quality for the projects; high-quality materials, outstanding engineering expertise, professional project management, schedule reliability and holistic operational management
Optimized life cycle costs: integrated project management with long-term planning right from the outset, involvement of investors, ongoing cost control