The Truth About PPPs
Public-private partnerships (PPPs) are a solution born of necessity and growing in popularity. A PPP is any arrangement in which a private water company engages with a municipality to provide specific services.
Currently, there are more than 2,000 community water and wastewater facilities across the country being served by a PPP. PPPs can take many different forms, but they are created to help reduce cost and gain access to expertise and resources while allowing the municipal partner to retain local ownership and control. To hear a few positive things clients had to say about their private partners, click here to read an evaluation conducted by the Water Partnership Council, now part of the NAWC.
Examples of PPPs include design/build/operate projects for new water and wastewater treatment facilities, management and operation of existing facilities, including administration and billing, and other forms customized to the needs of the municipality.
Municipalities may benefit from PPPs in a number of ways, including:
- Access to trained and certified professionals
- Closing the "funding gap" for necessary system improvements
- Design and construction cost optimization
- Turn-key management of systems while retaining ownership and control
- Improved operational and financial risk management
PPPs can provide solutions to communities faced with the need to improve critical infrastructure or find cost efficiencies to help fund necessary projects. But it is not just the private water industry that thinks so. The U.S. Environmental Protection Agency, the U.S. Department of Defense and the Veterans Administration all take advantage of the benefits of PPPs.
To learn more about public-private partnerships and how our members are partnering with municipalities, click here.