Better RFP Responses & Management
 
Term: AFP

Term: AFP

AFP = Alternate/Alternative (both are used) Financing and Procurement

It’s a procurement model that uses the private sector to fund infrastructure (think highways, hospitals, schools, and light rail transit systems) in return for a (usually) lengthy operations contract and staged repayments of the capital invested.

A sibling to public-private partnerships (aka PPP and P3).