A Public Private Partnership (PPP) is a partnership between the public and private sector for the purpose of delivering a project or service traditionally provided by the public sector. Public Private Partnership recognises that both the public sector and the private sector have certain advantages relative to the other in the performance of specific tasks. By allowing each sector to do what it does best, public services and infrastructure can be provided in the most economically efficient manner.
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Today´s topic of the daily Hospodářské noviny dealing with the public procurement projects in the Czech capital will certainly be attractive not only for the readers, who are professionally interested in PPP projects, but also for the wide public. The most powerful officials at the municipal council, who make the decisions about infrastructure projects in the capital worth billions of crowns, are connected with entrepreneurs. In case of contracts, about which they later on decide in tenders, the original (resulting from the competition) prices are increase during their realisation, so Prague needlessly wastes billions of crowns, when all these contracts are added together. The reader certainly has the right to ask: “How is that possible? Isn´t there a way to prevent such practices?” The answer is simple. “The PPP model would change practices of officials in case of public procurement projects worth billions”.
Capitol Prague is one of cities successfully using PPP project for street lighting in the Czech Republic. So far, 19 street lighting projects have commenced operation in England. A further ten are currently in procurement, having been endorsed by the Project Review Group. Operation of street lighting by using PPP projects is the way how to improve insufficient state of city lighting in some cities.