Brief

Foundational Concepts and Terms of Pay for Success

This brief asks and answers questions that governments and social service providers often pose as they consider constructing, negotiating, and executing a pay for success project. As a mechanism for using private capital to shift risk and bring evidence-based innovations and proven programs to scale, pay for success is an ongoing enterprise. This document provides a foundational understanding of this dynamic and evolving field.

Brief

Notice of Support Availability: Training and Technical Assistance Services for Pay for Success Initiatives

This notice of support availability (NoSA) offers in-kind support in the form of training and technical assistance (TTA) services from the Urban Institute’s Pay for Success initiative (PFSI) to guide, design, and assess potential and existing pay for success (PFS) projects. Urban is offering training and technical assistance only, not direct grantmaking or other monetary investment; the NoSA will not be used to distribute subgrants or other funding.

Brief

Solving the Wrong Pockets Problem

PFS provides a logical framework that can help remove barriers to better governance. Here we describe several wrong pocket problems and advance PFS theories that may address those issues.

Presentation

Pay for Success and Social Impact Bonds: Funding the Infrastructure for Evidence-Based Change

This presentation provides an overview of how to use strategic planning upfront to develop PFS-financed projects that bring the most effective evidence-based programs to fruition. Once strategic planning is complete, jurisdictions should follow a five step process that uses cost-benefit analysis to price the transaction and a randomized control trial to evaluate impact.

Report

An Overview of Pay for Success: Funding the Infrastructure for Evidence-Based Change

Understanding existing research evidence informs the selection of rigorous interventions, the local capacity needs to provide services, the pricing and performance targets for the PFS transaction and the evaluation expectations. This general overview of the strategic planning and five-step process needed to support high-quality PFS projects discusses current opportunities in criminal justice and highlights the models advantages and disadvantages.