Does 'Public-Private Partnership' Still Tell the Whole Story?
Nossaman Partner and head of the firm's Infrastructure Practice Group, Geoff Yarema, is quoted in the Public Works Financing article, "Does 'Public-Private Partnership' Still Tell the Whole Story?" The article involves an analysis of the terms "Public-Private Partnership" and "Performance-Based Infrastructure" lead off by Mr. Yarema and followed by reaction and commentary from other industry leaders. Mr. Yarema is quoted as saying, "'Partnership' inaccurately implies a cozy relationship that doesn't keep the public purse at arms length. 'Performance-Based Infrastructure' more accurately implies a contractual relationship where the public sector holds the private sector strictly accountable for its performance in providing infrastructure services." Click on the following link to learn more about Nossaman's Infrastructure Practice Group, or to read an article recently authored by the firm on Public-Private Partnerships.