Building Private-Public Partnerships

A private-public partnership1 (P3) is any type of mutually beneficial cooperative arrangement, informal or formal, between two or more organizations of private industry and the public sector to enhance the life safety, economic security and resilience of jurisdictions.

To highlight the value of the private sector, nongovernmental organizations (NGOs) and other stakeholders, this guide deliberately uses “private-public partnership.” Without mutual benefit and effort on both sides, the partnership will not succeed.