Public-private partnership P3

{
  "id": "MLC-T-INS-002761",
  "term": "Public-private partnership P3",
  "field": "Insurance and risk management",
  "definition": "A collaborative arrangement between a government entity and a private sector company for the financing, design, construction, operation, or maintenance of public infrastructure projects or services. These partnerships often involve complex risk allocation between the public and private parties. Insurance programs for P3 projects must address the unique liabilities and contractual obligations of each partner.",
  "url": "https://mlchart.com/terminology/insurance/public-private-partnership-p3/"
}