PUBLIC PRIVATE PARTNERSHIPS
Public Private Partnerships
Public Private Partnerships are considered to be attractive because they facilitate the transfer of the private sector's skills and experience to the public sector, by utilizing private sector's funds, and transfers risk to the private party while reducing the public sector administrative costs and budget constraints.
The following are examples of partnerships currently in use:
Center of Industrial and Technical Excellence Agreements (CITE)
This designation allows for public private partnership with private entities which helps reduce installation costs and maximizes the use of private skills and capabilities.
Private Intermediary Agreements (PIA)
Federal labs use these agreements to facilitate joint projects and accelerate technology transfer between the labs and private companies. These intermediary agreements help companies to identify federal technologies that can be licensed and commercialized.
Educational Partnership Agreements (EPA)
Collaboration with educational institutions to enhance/encourage the study of scientific disciplines. EPA's can be used to support local student interns, work with faculty to develop courses and programs and use of world-class labs, equipment and facilities.