What Happens If You Pay Contractors Only When Their Programs Work?

Source: Charles S. Clark, Government Executive, April 20, 2016

The Obama administration is “doubling down” on its study of the “pay for success” approach to funding social services programs after they demonstrate results, rather than in advance. … The Obama administration is “doubling down” on its study of the “pay for success” approach to funding social services programs after they demonstrate results, rather than in advance. … The feasibility studies will be funded in locations such as Boise, Idaho, Baltimore and parts of Virginia and Arizona, OMB said. In total almost 70 projects in 29 states and the District of Columbia are in the works. A grantee called the Nonprofit Finance Fund has been helping nine PFS projects structure the agreements that are the “backbone of PFS projects,” they wrote. Other grantees include the Corporation for Supportive Housing, the Green and Healthy Homes Initiative, the Harvard Kennedy School Government Performance Lab, the Institute for Child Success, the National Council on Crime and Delinquency, Third Sector Capital Partners and the University of Utah Sorenson Impact Center. …