SAFETY21

Public-private partnership

Public-private partnership
Public-private partnership

Innovative services and support to make public administration more efficient

Actions to safeguard the territory

Public-private partnership

Social


Economic


Legal and administrative


of Milan

of Ventimiglia

What is the Public-Private Partnership

[… ] The public-private partnership is an economic operation in which the following characteristics are combined:

Between a grantor and one or more private economic operators, a long-term contractual relationship is established to achieve an outcome of public interest

The financing requirements for the project are met to a significant extent by resources obtained from the private sector, also because of the operational risk taken by the private sector

The private party is responsible for implementing and managing the project, while the public party defines the objectives and verifies their implementation

The operational risk associated with the execution of the works or the management of the services is allocated to the private entity […]

Safety21

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