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The recent years have spread, in many countries, projects of cooperation between the public and the private sector known as Public Private Partnership (PPP) and pierced into many spheres of activity of public administration bodies. An increased interest in utilization of the projects of public and private sector partnership in providing infrastructure and public services was caused especially due to limited resources of public budgets and also by an effort to increase quality and efficiency of provided public services. Any possibility of PPP utilization should be always very thoroughly considered with regard to other alternatives of a project, as there a number of resources exist and also ways of providing the public services. This paper resumes and discusses keystones, advantages and disadvantages of the PPP projects and suggests possibilities of their utilization in the Czech Republic.

Key words: cooperation of public and private sector, Public Private Partnership, concession, risk.