OZZ electric is qualified to complete Public-Private Partnership (PPP) projects, or P3 as they are most commonly referred to as. This project delivery system is a contract between a government public sector authority and a private party. The private party assumes the financial, technical and operational risk within the project. The private party typically develops, builds, maintains and operates the facility for a contracted period. This project type allows for affordable infrastructure projects to achieve local government goals.
P3 projects take on a variety of forms, with varying degrees of public and private sector involvement – and varying levels of public and private sector risk. In fact, risk transfer from the public to the private sector is a critical element of all P3’s. The goal is to combine the best capabilities of the public and private sectors for mutual benefit.
Women’s College Hospital
Niagara Health System