Public-Private Partnerships

Disaster relief efforts must have cooperation between both the public and private sectors to bring affected areas back to normalcy within as short a time as possible to avoid unnecessary harm to victims, and halt the abandonment of the area by residents and businesses, which can delay long-term recovery by decades.

The National Council for Public-Private Partnerships defines public-private partnerships: “a contractual agreement between a public agency (federal, state, or local) and a private sector entity. Through this agreement, the skills and assets of each sector (public and private) are shared in delivering a service or facility for the use of the general public. In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the service ...