Debate: The cost of SIBs

Toby Lowe*

*Corresponding author for this work

Research output: Contribution to journalComment/debatepeer-review

1 Citation (Scopus)

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 languageEnglish
Pages (from-to)185-188
Number of pages4
JournalPublic Money and Management
Volume40
Issue number3
Early online date22 Jan 2020
DOIs
Publication statusPublished - 2 Apr 2020

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