Performance Metrics for Public–Private Partnerships (2021) / Chapter Skim
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55 A list of terms and definitions mentioned in the report follow. Alternative (also termed as "alternate" in many sources)
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56 Performance Metrics for Public–Private Partnerships Handback criteria -- Project condition criteria used at the conclusion of the P3 agreement to transfer the facility back to the agency. Hybrid concession -- A concession in which there is a mix of availability payment obligations on the part of the sponsor and revenue risk obligations on the part of the developer.
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