Abstract
Social Impact Bonds (SIBs) are intrinsically expensive ways to fund social programmes. Using data from the development of a SIB programme, this article provides an example of the costs of developing a SIB. Including pro bono support, the programme cost nearly £750,000 to develop, before it had engaged with service users. Will this level of cost will significantly reduce in future, and are SIBs likely to provide ongoing cost reductions?
Original language | English |
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Pages (from-to) | 185-188 |
Number of pages | 4 |
Journal | Public Money and Management |
Volume | 40 |
Issue number | 3 |
Early online date | 22 Jan 2020 |
DOIs |
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Publication status | Published - 2 Apr 2020 |