TITLE

Finding happiness in public-private partnerships

AUTHOR(S)
Ewing, Reid
PUB. DATE
January 2007
SOURCE
Planning;Jan2007, Vol. 73 Issue 1, p53
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the report of Lynn Sagalyn about the beginnings and intricacies of public-private partnership on industrial developments in the U.S. According to Sagalyn, public-private developments (PDD) is a form of a cooperative because of the alignmernt of interests. Sagalyn also adds that PDD involves sharing of risks and responsibilites and that each side should be flexible enough to accommodate changes. Moreover, she emphasizes that public partners should never assume a disproportionate share of the financial risks involve in the development project by selecting a contractor with a proven track record.
ACCESSION #
24042478

 

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