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 |