| Description |
1 online resource |
| Series |
Government procedures and operations |
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Government procedures and operations.
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| Contents |
PAY FOR SUCCESS PROJECTS BENEFITS AND ROLE OF SOCIAL IMPACT BONDS ; PAY FOR SUCCESS PROJECTS BENEFITS AND ROLE OF SOCIAL IMPACT BONDS ; Library of Congress Cataloging-in-Publication Data; CONTENTS ; PREFACE ; Chapter 1 PAY FOR SUCCESS: COLLABORATION AMONG FEDERAL AGENCIES WOULD BE HELPFUL AS GOVERNMENTS EXPLORE NEW FINANCING MECHANISMS* ; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS ; WHAT GAO FOUND ; ABBREVIATIONS ; BACKGROUND ; OMB Guidance Encourages Agencies to Use Evidence-Based Approaches, Including PFS ; PFS Is a Mechanism for Contracting for Social Outcomes |
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Practices from Federal Experience with Complex Service Acquisitions Can Inform PFS Projects PFS PROJECTS WERE STRUCTURED IN A VARIETY OF WAYS AND SOUGHT TO ACHIEVE POTENTIAL BENEFITS, SUCH AS IMPROVED SOCIAL OUTCOMES AND COST SAVINGS ; PFS Projects Were Structured to Implement Prevention Programs to Address Entrenched Social Problems ; Massachusetts: Reducing Recidivism and Increasing Employment among Ex- Offenders ; New York City: Reducing Recidivism in an Adolescent Jail Population ; New York: Increasing Employment and Improving Public Safety |
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Utah: Reducing Gaps in Academic Achievement among Preschoolers United Kingdom: Improving Services for Short-Sentenced Prisoners ; United Kingdom: Improving Services for Homeless Individuals ; United Kingdom: Reducing Wait Times for Adoption ; South Carolina Maternal Health PFS Initiative ; Asthma Impact Model for Fresno (AIM4Fresno) ; Maryland Review of a Potential PFS Initiative ; Governments, Service Providers, and Investors Pursued PFS for Potential Performance and Financial Benefits ; Potential Benefits for Governments ; Funding for Prevention Programs and Potential Cost Savings |
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The Ability to Implement Innovative Programs by Transferring Risk Collaboration across Government Agencies ; Sustained Focus for Entrenched Social Problems ; A Focus on Outcomes and Building an Evidence Base ; Potential Benefits for Service Providers ; Stable Funding for Operations ; Flexibility in Implementing Service Delivery ; Potential Benefits for Investors ; Potential for Return on Investment ; Opportunity for Social Investment ; PARTICIPATING ORGANIZATIONS SOUGHT TO MANAGE RISKS IN THE FEASIBILITY ASSESSMENT, DESIGN, AND IMPLEMENTATION PHASES OF COMPLEX PFS CONTRACTS |
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Governments, Service Providers, and Investors Recognize that PFS Projects Present Risk During Project Feasibility Assessments, Governments Reported Seeking to Maximize Cost Savings while Managing Financial and Performance Risk; Attention to Cost-Benefit Analysis ; Identification of Entities that Capture Financial Benefits and Budget Savings ; Access to, and Capacity for, Robust Data Collection and Analytics; Sufficient Evidence of an Intervention's Success ; Leadership Support ; During Contract Design, Parties Reported Defining Requirements to Manage Risk |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Description based on print version record |
| Subject |
Public interest -- United States
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Public interest -- New York (State)
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Public welfare -- United States.
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Public welfare -- New York (State)
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Finance -- Social aspects -- United States
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Finance -- Social aspects -- New York (State)
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POLITICAL SCIENCE / Essays
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POLITICAL SCIENCE / Government / General
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POLITICAL SCIENCE / Government / National
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POLITICAL SCIENCE / Reference
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Public welfare
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Public administration
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Public interest
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United States
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New York (State)
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| Form |
Electronic book
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| Author |
Holt, Monica
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| LC no. |
2019721428 |
| ISBN |
9781634847599 |
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1634847598 |
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