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PIARC (World Road Association), founded in 1909 and comprising 125 member governments from all over the world, is the global forum for exchange of knowledge and experience on roads, road transport policies and practices. With consultative status to the Economic and Social Council of the United Nations, the Association is contributing to a stable and sustainable global development of the road and transport sector.

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Term of the Road Dictionary

public-public partnership

  • Language : PIARC Road Dictionary / English
  • Theme : Financial and Legal Tools Finance and Procurement Procurement and Contracts
  • Definition : A range of structures and concepts, which allocate risks and responsibilities in construction, financing, maintenance and operation of infrastructure between two or more different organizations of the public sector.
  • Abbreviation : PPP

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