Private contributions in the form of equity, property, or in-kind services can be considered a type of value capture. These contributions are distinct from negotiated exactions in that a private entity provides the contribution voluntarily. A private landowner, developer, or business/service provider makes such a contribution to enhance the feasibility or financing of the project, because it expects that the long-term value it will derive from the project will exceed its initial contribution. This value is often in expected business activity or development facilitated by improved mobility or accessibility afforded by the project. Private equity invested in P3 design-build-finance-operate concessions is not considered to be a form of value capture.