ToolKit: Social Impact Bonds

 Toolkit: Social Impact Bonds


The Toolkit offers practical tools to help commissioners, providers and intermediaries advance the development of SIBs quickly and cost-effectively. We will expand the range of tools available to develop SIBs over time.
Template SIB Service Agreement Contract The template is a free resource for SIB developers in the UK to help reduce the time and cost of developing the legal arrangements of a SIB. This short guidance describes important issues in commissioning and contracting social impact bonds and payment by results. The full guidance notes and template contract are issued, on request by

Unit cost database This unit cost database brings together more than 600 cost estimates in a single place, most of which are national costs derived from government reports and academic studies. The costs cover crime, education and skills, employment and economy, fire, health, housing and social services.  The costs can be used by local commissioners, charitable organisations and social enterprises to inform:
• SIB proposals for new interventions or the redesign of existing public services and • Feasibility studies and evaluations.


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