Shared Use Mobility Center

Learning Module: Public-Private Partnerships (PPP or P3)

Transit agencies and local and regional governments have long used public-private partnerships (PPPs or P3s) for a variety of purposes, including leveraging funding to finance large capital projects and increasing operating efficiencies. According to the Federal Transit Administration, P3s “are essentially a form of procurement” rather than an innovative form of financing. The key element for P3s is that there is a single point of contact between the public agency and the private partner, and the private partner assumes a degree of both the scope and the risks of the project.

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