Public-private partnerships provide flexibility in allowing an agency to pay for an asset over time. This, combined with the inability to use traditional lease-purchase agreements due to tighter federal budget guidelines in an era of rising government spending, provides those federal departments that have the authority to enter into these types of partnerships an avenue to meet their expanding capital requirements. |
We will view the adoption of a budget that makes strides toward structural balance and would improve financial performance as a positive credit factor. |