Public and Private Partnerships provide the opportunity for governments and non-governmental bodies to attain more resourceful projects by sharing risks and responsibilities. This type of arrangement also can offer improved protection against schedule and cost overruns, and allows the private sector to introduce innovative techniques leading to growth, development, operation and maintenance of public infrastructure.
Public and Private Partnership – Infrastructural Development Plans are usually on a long term basis thus, the parties involved require adequate comprehension of the partnership, a suitable agreement and the appropriate documentation of rights and commitments throughout the duration of the project. Both parties in a partnership of this nature require extensive legal guidance to accomplish workable agreements satisfactory to both parties.
Miyetti Law has lawyers with profound experience in public and private partnerships and has helped government entities, business owners, private investors and financiers in every facet of PPP and infrastructure development.