Public-private partnerships (P3s) are collaborations between government and private organizations to provide infrastructure or services to the community they serve. A P3 may help a community provide a health program for children, training for unemployed workers, transportation infrastructure, parking services, tourism venues, or more. P3s differ from contracts because the decision-making, funding, expertise, skills, risks, costs, and revenues associated with the project are shared by the participants.
In the 2016 Regular Session, the Kentucky General Assembly passed House Bill 309 to provide a framework for using public-private partnerships as an alternative method for constructing or financing capital projects or procuring services.
The Kentucky League of Cities serves as the united voice of cities by supporting community innovation, effective leadership and quality governance.
