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Countersigned by
DEPARTMENT OF MANAGEMENT
CH. BANSI LAL UNIVERSITY, BHIWANI
April, 2018
CERTIFICATE-1
This is to certify that the material embodied in the Self-Study Paper entitled
“Public Private Partnership” based on my original work. My indebtedness to
other work has been duly acknowledged at the relevant places.
Usha
16000102013
CERTIFICATE-2
(Supervisor)
Assistant Professor of
Department of Management
Some of the major challenges also related to Regulation and availability of finance for the
private sector. The government of India on its part has been fully aware of the benefits that
such partnership can offer to our country and has been taking steps to remove some of these
problems.
The above definition broadly indicates that it is a limited period arrangement where a private
sector entity provides a public asset or a public service which is traditionally provide by the
government in return of some performance base payment . the focus is on a strong elements
of service delivered accept and compliance to pre-detrmined and measurable standards to be
specified by the sponsoring authority.
Some of the essential conditions to mark a public private arrangement are envisaged .in the
definition by the national police on the ppps. Though each ppp contract is a unique one
depending on the circumstances of the case , still each one of them is based on some inherent
characteristics common to search contract . how ever a few other confiscation which are also
desirable in a good and fair ppp are related to specifications about risks assumption mode of
payment, whether the payment would be through case follows from the public sector based
on performance or whether it would be charged from the consumers using the service
,incentive and penalty statures in the arraignments so as to the ensure that the private sector is
benchmarked against service delivery, identification of minimum technical specification
without effecting the possibility of innovation and specified time period either transfer of the
projects or its implementation by the private sector entity.
1) Design- build :-
Designs and builds the infrastrure
To meet the public sectors partners specification
For fixed price
All risk is to private sector
Source financing
Carries out all designs
Builds the infrastructure
Operates the facility
1. 700 students in mesa,Az report to class each morning in a former smith’s grocery
store.
2. 1200 students in Raleigh,Nc are repurposing a manufacturing facility as classroom
space.
3. Two schools in phoenix,Az share a 300000sq ft. Venue that once served as the
marvel mall.
Beyond repurposing existing real estate, construction.com detail a new York city
project where the city leased 1.5 acress of city owned property to a private firm in
exchange for the developer adding space for two public schools in a story building
that also houses a whole foods store. The projects marks the 17th p3 deal that new
York’s department of education has signed to build new public schools by
leveraging mixed-use development with private companies.
i. The remains accountable for services quality, price certainty and cost-effectiveness of
the partnership.
What are ppps and why use them rather than public procurement
The ppp project cycle
Ppp inception
Understanding government commitments and exposure to ppps
Ppp feasibility study
Ppp procurement
Accessing the vgf
Auditing ppps and evaluating their success.
Conclusion :
The rapid strides taken by India toward achieving economic growth have placed a
allot of stress on its already limited infrture.the government of our country has become aware
about this stark reality and has been striving to create an enabling environment for investment
in infrastrure building in our country. The privet partnership have emerged as a very viable an
possible sustainable mode of creating the much needed infrastrure for our country .ppps have
been able to redefine the roll of public sector as a facilitator and enabler where as the private
sector play the roll of financial ,builder and also the operate of the service or the facilities
.ppps if implemented successfully can be rightly called and epitome of operational efficiency
,innovative technologies ,managerial effectiveness access to additional finances. Rather they
help to combine and draw upon the best features of public and private sector to render
services of international stands. However the picture is thornier then it appears. In spite of the
success which the ppp modal has mate with in our country much is left to be desired .along
with the advantages of the ppp projects, the negativities have also surfaced in the form of
various boatel necks and challenges. These need to be resolved with more focused
tetanisation and police formulation by the introducing more transparency , development of
nation sense and raising above vested interests.
REFERENCES
1. Mckinsey & company, inc.’building india –accelerating infrastructure
projects
2. www.ibef.org
3. Articles.timeso findia. Indiatimes.com
4. www.dnb.co.in/infrastructure 2008
5. www.mbaskool.com/businessarticles
6. Academiceventplanner.com/lead2009