State of play with Payment by Results and Social Impact Bonds

Sector thinktank NPC has two articles looking at where we are with Payments by Results and its “natural partner”, Social Impact Bonds.

Making sense of payment by results‘ starts with

While not as newsworthy as it was three or four years ago, PbR has steadily become a common commissioning model. In 2015, the National Audit Office identified 52 schemes containing an element of PbR in the UK, worth a total of £15bn of public money.

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Social economy gets political

The Social Economy Alliance has launched its manifesto for May’s general election, asking for support for community energy schemes, social enterprises and co-operative housing. Recommendations include enhanced community ownership of infrastructure and utilities, and a ‘local by default’ approach.

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Qualitative evaluation of homelessness social impact bond

The London homelessness social impact bond project was launched in November 2012, to bring in additional finance to support innovative services aimed at improving outcomes for persistent rough sleepers.

The Communities Department has published the first interim report from a qualitative evaluation.

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