Understanding joint ventures, PPPs and contractual consortium

There are various forms by which the private sector works with the public sector in the provision of public service goods and services.

PURCHASING & SUPPLY: NYASHA CHIZU

The traditional means is the trading arrangements characterised by one off or short-term contracts, where the private sectors supplies the public sector with either goods, services or works in exchange for consideration that could be in form of money or other forms of exchange that include barter trade.

This story is for NewsDay subscribers.