Question: 1. Define and explain the Following Concepts (20 Points): - Public Sector: - Private Sector: - Contract: - Risk Transfer: 2. What is Public/Private Partnership?

1. Define and explain the Following Concepts (20 Points): - Public

1. Define and explain the Following Concepts (20 Points): - Public Sector: - Private Sector: - Contract: - Risk Transfer: 2. What is Public/Private Partnership? (Explain in 1 Paragraph) (10 Points) 3. Under which circumstances a PubliclPrivate Partnership can fail? Explain (10 Points) 4. State or explain in your own words 3 pros and cons of Public/Private Partnership (20 Points): Pras: Cons: 5. Name and explain 3 principles for successful Public Private Parmerships (20 Points): 6. According to ESCAP United Nations, how important is risk allocation and why? Explain (10 Points) 7. Describe briefly a current Public/Private Partnership Project that is under construction in New York (10 Points)

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