Description
For this research project, you will be helping identify best practices and strategies for encouraging business participation in public-private partnerships designed to improve cybersecurity for various critical infrastructure sectors. Your deliverable will be a research report which provides an overview of existing public-private partnerships, the types of cybersecurity improvements which are being addressed by such partnerships, the potential benefits to industry partners, and the potential risks and/or costs in resources. Your report should also address the types of due diligence activities a company should engage in before committing to participation in information sharing and other public-private partnership activities.
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Explanation & Answer
Attached.
Running Head: PUBLIC-PRIVATE PARTNERSHIPS
public-private partnerships
Student’s Name:
Institution’s Affiliation:
PUBLIC-PRIVATE PATNERSHIPS
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Public-private partnerships
Overview of Public-Private Partnerships
Private Public Partnerships has not been accorded any standard worldwide definition. The
knowledge Lab of public-private partnership has defined it as a contract that is long term amid the
government entities and the private sector with the sole purpose of offering the public service. In
this case, the private sector will bear the responsibility of management and the risk related to
providing the service. The private sector will, therefore, be rewarded based on performance.
Turnkey construction contracts and service contracts are not involved in public-private
partnerships because they are regarded as public procurement projects. This limitation extends to
utility privatization in which case the public sector has ongoing roles. Since Public Private
Partnership has no standard definition in the entire world, respective countries are enshrining their
interpretation in the laws they make based on their institutional legalities.
Most jurisdictions have specific laws. In most civil law countries, the Code of Napoleon is
typically their tradition. This Napoleon code gives the disparity amid the concessions of public
contracts. In grants, the private sector takes the end user risk by offering service directly to the
public. Mainly, in Public-Private Partnership, the private party provides Built-Operate-Transfer in
bulk for treatment of water plants and to manage facilities like hospitals against a fee. ICT
Telecoms calls for extensive regulation in the private sector, and hence, many countries have
excluded it. In the developed countries, more limited risk transfers in the contracts of management
are not included in the definitions for reasons only known to the institutions of government since
the people in authority opt for traditional procurement processes.
PUBLIC-PRIVATE PATN...