The concept of public-private partnership

it depends on local authorities in which areas of activity private entities will cooperate with them. At the same time, creating partnership structures to meet the needs of the local government community is a new phenomenon in Polish economic conditions, which means that the decision-making processes undertaken so far are not free from errors.Growing social dissatisfaction with the public sector simultaneously acting as an investor and operator, as well as the growing debt of the public sector resulting, among other things, from investment needs, has led public authorities to show increasing interest in public-private partnership (PPP). Public-private partnership is most often defined as a public utility venture conducted by cooperating private and public entities with mutual institutional and capital involvement and a joint sharing of the resulting benefits and risks [2]. Cooperation within a public-private partnership consists of the private entity providing capital and implementing the project assumed by the contract in a timely manner. At the same time, the public entity bears political responsibility for providing citizens with public services to an extent and at a level that enables economic development and ensures an increase in the quality of the local social environment [3]. Based on projects implemented so far in the public-private partnership formula, it is possible to identify areas in which partnership cooperation between public and private entities is readily established. One of them is the transport sector, where public-private partnership is increasingly used to design, build, finance, and operate roads, airports, railways, public transport, and traffic service systems. These ventures require significant financial resources for construction, subsequent repairs, and modernization, which result from their intensive use by citizens and significant technological progress in these areas. This forces the adaptation of existing infrastructure to “cooperate” with new means of transport. (…)

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