Skip to main content
National Clearinghouse on Homeless Youth and Families

Cost-Effectiveness

Pay for Success Project Assessment Tool

Pay for Success Project Assessment Tool
Electronically published journal article, but not part of an issue

No

Abstract

The Urban Institute designed this toolkit for individuals, governments, and organizations currently working on a pay for success (PFS) project or considering initiating a PFS project. This assessment tool describes the core elements of PFS projects and explains the importance of each core element. It also provides stakeholders with a scoring system to help distinguish the strengths and weaknesses of a proposed project and generates recommendations for remedying any weaknesses. Stakeholders can use this tool at any stage of project development. Completing this assessment also helps build the business case for a proposed project that scores well in each area.

Accession number
25689
Authors
Milner, J., Eldridge, M., Walsh, K., Roman, J.K.
Type new
Guide/Toolkit
Organization

Urban Institute

Series
Pay for Success Initiative
Year published new
2016
Availability

Available for free download on the Urban Institute website at: https://pfs.urban.org/library/pfs-guidance-briefs-and-reports/content/p…

Pay for Success Feasibility Tool Kit: Considerations for State and Local Leaders

Pay for Success Feasibility Tool Kit: Considerations for State and Local Leaders
Electronically published journal article, but not part of an issue

No

Abstract

This toolkit from the US Department of Education provides general information about Pay for Success (PFS) projects, which are projects that support evidence-based approaches by leveraging private investment to address societal problems and challenges while typically using government funds only when a project meets measurable, positive outcomes. This toolkit is an introductory guide for state and local governments and other stakeholders interested in exploring the possibility of a PFS project for education or related societal issues. It provides information to support stakeholders in determining if PFS is a viable financing strategy for them, lays out steps usually involved in conducting a feasibility study, and highlights critical questions and important safeguards to consider in using PFS. The Appendix includes tools that may be useful for PFS projects, including definitions of terms used throughout the document.

Accession number
25688
Type new
Guide/Toolkit
Organization

U.S. Department of Education, Office of Planning, Evaluation and Policy Development

Year published new
2017
Availability

Available for free download on the US Department of Education website at: https://www2.ed.gov/about/inits/ed/pay-for-success/pay-for-success-tool…

From Evidence to Outcomes: Using Evidence to Inform Pay for Success Project Design

From Evidence to Outcomes: Using Evidence to Inform Pay for Success Project Design
Electronically published journal article, but not part of an issue

No

Abstract

This brief from the Urban Institute describes the need for understanding and interpreting evidence for pay for success (PFS) projects and in broader public decision-making. The authors discuss the growing body of social science research showing the importance of strong evidence to determine which projects will work. This brief defines evidence, why it matters to PFS projects, how to assess the quality of existing evidence, and what to do when only limited evidence is available. The authors contend that using evidence to make public welfare decisions improves government effectiveness and drives better outcomes for society.

Accession number
25690
Authors
Milner, J., Eldridge, M.
Type new
Brief
Organization

Urban Institute

Series
Pay for Success Initiative
Year published new
2016
Availability

Available for free download on the Urban Institute website at: https://pfs.urban.org/evaluation-toolkit/content/evidence-outcomes-usin…