It also provides fire protection capabilities for many customers who previously had no connection to an adequate water supply. The EPA is committed to supporting these communities and allowing them flexibility in financing the infrastructure systems needed to achieve the environmental protection our citizens demand. More important, under competitively tendered assets sales or leases, new private managers face powerful incentives to raise the value and reduce the cost of operating infrastructure assets. These contracts, which generally have terms of five years, have achieved cost savings of between 20 and 50 percent. Top of Page Joint Venture Private partner owns facility in conjunction with public partner.
Private partner builds, owns and operates the facility.
At the end of the specified period, such as 30 years, the facility may be transferred to the public partner for a nominal fee. Turn Key Facility Private partner designs, constructs and operates the facility. Full Service Contract Public partner contracts with private partner for a fee to operate and maintain the facility. Top of Page Contract Operations Private partner operates and maintains public partner's facilities over long or short term. Contract Management Private partner manages and supervises the public partner's personnel.