“Government at all levels faces a dual-edge sword of long-term fiscal sustainability challenges that will not be easily remedied and unmet resource demands. Included is replacing decaying roads and bridges, tackling broader infrastructure needs, and making system and operational investments. The United States (U.S.) is not alone. What can we learn from other countries facing similar problems? Globally, countries are using public-private partnerships (PPPs) to help address infrastructure and operational needs. In the U.S., this concept dates back to 1785, when President George Washington established the Potomac Company to provide better transportation and link commerce along the river. More recently, there has been growing recognition within the U.S. of the value of PPPs. As government more often turns to PPPs, what should financial managers know about the concepts and leading practices? This article, based on research by the University of Maryland’s Center for Public Policy and Private Enterprise, addresses these fundamental questions.”