全球智库信息集成服务系统

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Objective Analysis. Effective Solutions.

RAND Europe was commissioned by the UK Ministry of Justice to evaluate the world's first Social Impact Bond (SIB), an innovative payment-by-results mechanism to fund public services. Implemented in a prison in Peterborough in eastern England, this first SIB aimed to reduce reoffending by prisoners who have served short custodial sentences. The third and final report from RAND's evaluation provides evidence and key lessons on the operation of this funding model, informing the possible development and roll-out of SIBs in other policy areas and in other parts of the UK.

Please note: This report is not available on the RAND website but can be downloaded from the GOV.UK website.

• Chapter One

  Summary

• Chapter Two

  Introduction

• Chapter Three

  Aims of this research

• Chapter Four

  A description of the One Service intervention

• Chapter Five

  Findings from interviews with One Service cohort members and case file review

• Chapter Six

  Wider benefits from and innovation in the Peterborough pilot

• Chapter Seven

  Conclusions and lessons for future payment by results and Social Impact Bond schemes