About Public Private Partnership

A Public Private Partnership describes an infrastructure project where the public and private sector work together to create a community asset. Typically Plenary Group works with Governments to design, build, finance and operate/maintain (DBFO/M) a new facility for the public. It will be engaged under a DBFO/M contract to provide say, a school, hospital, court house, or road to strict specifications set down by the public sector. These specifications apply to construction and then ongoing delivery, generally for concession periods of between 20 to 40 years.

In return, after construction, the private sector provider is paid an agreed and regular fee by the relevant Government department or authority for the use of the facility often supplemented with commercial revenue. For the period of the contract, the facility is managed and maintained by the private sector provider and the payments go to re-paying the capital that has financed the construction and ongoing facility maintenance. The asset usually returns to Government at the end of the contract.

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