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Document
2025-017 Bond Proceeds Investment Mgmt RFP (FINAL)-2024-1-1.docx
Year Created: 2025
DOCUMENT
ART - Report and RFI- Pay for Success (PFS), 2016
- YEAR CREATED: 2016
Pay for Success (PFS) is a performance based contracting model that is seeing increased interest. I often refer to it to my procurement colleagues as “P3 for Human Services”. Having recently gone through an assessment for a specific project (reducing juvenile criminal justice recidivism), I wanted to share the report with a broader audience as it has some very good summary descriptions of the PFS model and tools helpful to implementing one. The first section is a good two page summary of the PFS model. In appendix E, there is a good Q&A on tough questions about usage of this model. The RFI we issued is in Appendix F, and the evaluation methodology is in Appendix G.