Public-Private Partnerships (PPPs) represent, in its essence, an agreement by which the public administration assumes long term payment obligations in favor of a private partner, in exchange for services rendered by the latter, according to Antonio Corrêa Meyer e José Virgílio Lopes Enei, partners of Machado, Meyer, Sendacz e Opice Advogados.
Sources: Valor Econômico Maio 7, 2004 p.E2
Date of insertion: 01/06/2004 - 19:44:39