Cyclopedia of Congressional Budget Law

Public-Private Partnership

GAO Glossary of Terms and Definition (September 2005)

Public-Private Partnership

An arrangement between a public agency (federal, state, or local) and a for-profit corporation. Each sector (public and private) contributes skills and assets in delivering a service or facility for the use of the general public or the parties to the partnership.

[PAGE 81]

Previous: Proprietary Accounting

Next: Quarter