A Public-Private Partnership Primer

Sandy Apgar and Tony Canzoneri aim to clear up myths and misconceptions about PPPs (P3s), "the vehicle of choice to plan and execute many development projects that neither private nor public sector participants could perform on their own."

Apgar and Canzoneri are bullish on public-private partnerships: "We acknowledge our bias to favor PPPs, which is built on three personal beliefs: that business is the main engine for growth and wealth creation in a market economy; that government has an essential role in ensuring legitimacy, individual opportunity, and fairness; and that the partnerships are potent vehicles for bringing the best of both sectors -public and private-to bear on the most challenging problems."

In their "P3 Manifesto" Apgar and Canzoneri describe what Public-Private Partnerships are (and aren't) and when they are useful. The authors also describe the five features of successful PPPs:

  • Clear definitions and roles
  • Robust, mutually beneficial business relationships
  • Holistic, flexible planning and financing for the project's full life cycle
  • An integrated internal and external communication plan
  • A pervasive spirit of stewardship in partnership actions
Full Story: A “P3” Manifesto

Comments

Book cover of the Guide to Graduate Planning Programs 4th Edition

Thinking about Grad School?

New! 4th Edition of the Planetizen Guide to Graduate Urban Planning Programs just released.
Starting at $24.95

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $209
Red necktie with map of Boston

Tie one on to celebrate your city

Choose from over 20 styles of neckties imprinted with detailed city or transit maps.
$44.95
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00