European PPP

Public Private Partnership models go one hand back to the very classic form of cooperation between public administrations and private companies: the mixed economic enterprises (usually operated in the legal form of a limited liability company). On the other hand they attack approaches municipal financing models that have been applied already in the 70s, to such as municipal leasing, closed real estate funds, operating models or forfeiting.

The further development of these approaches the performance of public functions by the public administration together with private companies is due to recent socio-political developments. Based on (economic) political discourses into which argues with the lack of public funds, the public sector is increasingly no longer solely for the financing of infrastructure projects, but seeks new cooperation strategies with the private sector. Moreover, the embossed through the competitive tendering EU competition conception for public companies making new competitive strategies in terms of a market-oriented tasks required-awareness.Not

to be forgotten are those indicated in the privatization debate arguments, public administrations are inefficient and should be private sector management concepts for more efficient public task perception use. The overall conclusion is that the public sector away from being a producing country towards a guarantor state, of certain tasks no longer perceives itself but only to ensure that they are met. This is a change from a collective, dominated by taxes, financing of infrastructure projects through to financing, which have to bear the users and users. For now increasingly demanded cooperation by public authorities with private economic agents, the term PPP is used since the mid-1990s in the German-speaking countries. Although due to the diversity of application fields a generally accepted definition of PPP has not yet been found, it is recognized in economic parlance now that the concept of both the meaning and the term content is only relevant if the partner insert their different strengths.

Transparency and commitment make supreme principles of cooperation represents, this applies to the partnership principles themselves. All participating companies / organizations must have agreed on partnership principles prior to entering into the partnership, they must be made explicit and it needs commitment to comply with these partnership principles exist. Secondly, the principle of transparency and commitment applies to many of the contents of the partnership principles, such as the definition and disclosure of the benefits, profits and risks by partnering, which introduced into the partnership resources, the common objectives and the tasks, roles and distribution function.