CPRE Practice Questions - Certified Park And Recreation Executive Exam

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An agency considers using a public-private partnership (P3) to finance and operate a new indoor sports complex. Which factor is MOST critical for the executive to evaluate BEFORE committing to the structure?

The private partner's logo and signage plan Risk allocation, revenue sharing, and performance standards in the contract Whether the partner's staff will wear city uniforms The partner's preferred concession vendor

Correct Answer:

Risk allocation, revenue sharing, and performance standards in the contract

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