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                             December 3, 2021

       Cyrus Madon
       Chief Executive Officer
       Brookfield Business Partners L.P.
       73 Front Street
       Hamilton, HM 12
       Bermuda

                                                        Re: Brookfield Business
Partners L.P.
                                                            Form 20-F for the
year ended December 31, 2020
                                                            Response Dated
November 15, 2021
                                                            File No. 001-37775

       Dear Mr. Madon:

              We have reviewed your November 15, 2021 response to our comment
letter and have the
       following comments. In some of our comments, we may ask you to provide
us with information
       so we may better understand your disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

             After reviewing your response to these comments, we may have
additional
       comments. Unless we note otherwise, our references to prior comments are
to comments in our
       October 25, 2021 letter.

       Form 20-F for the Year Ended December 31, 2020

       Reconciliation of Non-IFRS Measures, page 86

   1.                                                   We note your response
to comment 2 and that you plan for future filings to disclose and
                                                        clearly label all
material components of    Other income (expense), net,    in
                                                        your reconciliation of
Non-IFRS Measures to IFRS Measures. Please confirm that you
                                                        will also quantify
those material components in your future filings or provide a note to
                                                        state that no
individual component was considered quantitatively material when
                                                        considered in respect
to net income. Further, please provide quantification for all listed
                                                        items related to the
caption "Other income (expense), net" for the fiscal years ended 2020
                                                        and 2019 and the latest
interim periods within a supplemental response. Additionally,
                                                        apply this comment to
the second bullet point of prior comment 3.
 Cyrus Madon
Brookfield Business Partners L.P.
December 3, 2021
Page 2
2.       We note your response to the first bullet point of prior comment 3 and
some of your views
         on the measure Company FFO. Please provide us with a detailed
discussion to clarify
         whether you believe Company FFO is a performance measure or a
liquidity measure. In
         light of your most recent response on the topic of usefulness of
Company FFO, we note
         that you mentioned funding of strategic investments and we would like
you to include this
         topic as one of the considerations you made in reaching your
conclusion.
3.       We note your response to comment 3 and your discussion of the
adjustment caption
            Income tax expense (recovery)     Deferred.    Please tell us how
you considered Question
         102.11 of the Non-GAAP Financial Measures Compliance and Disclosure
Interpretations
         in your decision to exclude the impact of deferred taxes from Company
FFO.
Notes to Consolidated Financial Statements
Note 28. Segment Information, page F-79

4.       We note your revised disclosure in your segment footnote of the
interim financial
         statements for the three- and nine-month periods ended September 30,
2021 included in
         Form 6-K filed November 8, 2021. In future filings please further
revise your disclosure
         to describe your reconciling items in your reconciliation from
adjusted FFO to net income
         (loss). For example, for the nine-months ended September 30, 2021
please provide a
         description for the reconciling amounts of Gain (loss) on acquisitions
/ dispositions, net
         and Other income (expense), net that are excluded from adjusted FFO to
clearly explain
         how these amounts are different from the line items similarly named,
which are included
         in the measure.
5.       We note your response to comment 5 and your revised disclosure in your
interim financial
         statements for the three- and nine-month periods ended September 30,
2021 included in
         Form 6-K filed November 8, 2021. We further note that your
presentation and discussion
         of adjusted EBITDA on a consolidated and segment basis within the
Segment Analysis
         section of your MD&A. Please tell us how your tables included on pages
17 through 21
         of your MD&A, which appear to present adjusted EBITDA in the form of
non-IFRS
         income statements, comply with Item 10(e) of Regulation S-K,
Regulation G and
         Question 102.10 of the Non-GAAP Financial Measures Compliance and
Disclosure
         Interpretations. Assuming you continue to present adjusted EBITDA on a
segment basis,
         please provide a reconciliation of the measure on a segment basis that
complies with the
         requirements of Item 10(e) of Regulation S-K.
6.     We note your presentation and discussion of adjusted FFO in the Segment
Analysis of
       your MD&A for the three- and nine-month periods ended September 30, 2021
included in
       Form 6-K filed November 8, 2021. When presenting segment measures within
MD&A,
FirstName LastNameCyrus Madon
       please separately provide a complete discussion of the reconciling items
that apply to each
Comapany    NameBrookfield
       particular            Business
                  segment. Refer       Partners
                                 to Question     L.P. of the Non-GAAP Financial
Measures
                                              104.02
       Compliance
December            and Disclosure
           3, 2021 Page  2          Interpretations.
FirstName LastName
 Cyrus Madon
FirstName
Brookfield LastNameCyrus
           Business PartnersMadon
                             L.P.
Comapany3,
December   NameBrookfield
             2021           Business Partners L.P.
December
Page 3    3, 2021 Page 3
FirstName LastName
7.       In future filings, please revise your reconciliation of adjusted
EBITDA and adjusted FFO
         presented under Reconciliation of Non-IFRS Measures to reconcile the
measures from the
         most directly comparable IFRS measures, similar to the proposed
reconciliations provided
         in your response to prior comment 3 of your letter dated September 23,
2021.
       You may contact Howard Efron at (202) 551-3439 or Isaac Esquivel at
(202) 551-3395 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Christopher Dunham at (202) 551-3783 or James Lopez at (202) 551-3536
with any
other questions.



                                                            Sincerely,

                                                            Division of
Corporation Finance
                                                            Office of Real
Estate & Construction