An overview of Public Private Partnership (P3s)

[Rajkumar Adukia]

Dear Colleague,

Greetings!!

Advocating and facilitating the formation of public-private partnerships at the central, state and local levels, raises the awareness among governments and businesses of the means by which their cooperation can effectively and cost efficiently provide the public with quality goods, services and facilities.

The advantages of Public Private Partnership (P3) arrangements include speedy, efficient and cost effective delivery of projects, value for money for the taxpayer through optimal risk transfer and risk management, efficiencies from integrating design and construction of public infrastructure with financing, operation and maintenance/upgrading, creation of added value through synergies between public authorities and private sector companies, in particular, through the integration and cross transfer of public and private sector skills, knowledge and expertise, alleviation of capacity constraints and bottlenecks in the economy through higher productivity of labour and capital resources in the delivery of projects, competition and greater construction capacity (including the participation of overseas firms, especially in joint ventures and partnering arrangements), accountability for the provision and delivery of quality public services through a performance incentive management/regulatory regime, innovation and diversity in the provision of public services, effective utilisation of state assets to the benefit of all users of public services and it goes on.

Appreciating the benefits of public private partnerships models or P3 models as they are commonly referred to I am happy to present a write up on “Overview of Public Private Partnerships” for your reading. This write up also identifies the various professional venues for Chartered Accountants in the arena of Public Private Partnerships.
We Chartered Accountants have numerous professional opportunities that require "Crossing the Boundaries of Traditional Opportunities".
I am a strong believer of the phrase that "Opportunities are Created"

I am willing to offer assistance to those Chartered Accountants who in their best of spirits are willing to explore a new world of Professional Opportunities and thereby carve a niche of their own. Let’s together create a whole new world of opportunities.

Knowledge Management has been the key in handling the various pressures of the profession and also in pursuing my passion for the profession. With the same spirit I look forward to join hands with each one of you in building a great professional network that will together enable us to discard the negativities and take our profession forward with reverence and commitment.

In this journey of commitment, I look forward to join hands with members who are good Speakers and Writers, cause knowledge is not just about knowing but more about sharing. Each one of you are a great source of inspiration and so I am willing to get inspired and create a synergy of joint knowledge development programs that will benefit our fraternity at large.

Interested members can reach me at rajkuma...@caaa.in or call me at 09820061049 / 09323061049.

As always, kindly send your comments and suggestions at rajkuma...@caaa.in or reach me at 09820061049 / 09323061049.

Click here to download Overview of Public Private Partnerships

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Have a great time reading!!!

CA Rajkumar S. Adukia
09820061049/09323061049
rajkuma...@caaa.in
www.caaa.in