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Social Impact Partnerships to Pay for Results Act Demonstration Projects

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The U.S. Department of the Treasury is seeking applications from state and local governments for awards under the Social Impact Partnerships to Pay for Results Act. This initiative aims to enhance the effectiveness of social services by redirecting funds toward programs that produce demonstrable, measurable results while eliminating ineffective or duplicative spending. The program emphasizes the use of public-private partnerships to combine philanthropic and private resources with public spending to scale successful social interventions. Key objectives of these demonstration projects include improving the lives of individuals and families in need and utilizing rigorous methodologies, such as randomized controlled trials, to assess program impact. By introducing a pay-for-performance model to the social sector, the Treasury intends to ensure that federal funds are used efficiently to achieve positive outcomes for both taxpayers and service recipients.

General Info

Treasury seeks state and local applications for results-based social service public-private partnerships.

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Organization & Contact Information

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AgencyDepartment Of The Treasury → Sippra
Contacts1 person available
OfficeUSA
Office AddressUSA
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Full Description

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The U.S. Department of the Treasury (Treasury) invite applications from State and local governments for awards under the Social Impact Partnerships to Pay for Results Act (SIPPRA). SIPPRA was signed into law on February 9, 2018 and is intended to improve the effectiveness of certain social services. The purposes of SIPPRA are 1) to improve the lives of families and individuals in need; 2) to redirect funds away from programs that, based on objective data, are ineffective, and into programs that achieve demonstrable, measurable results; 3) to ensure federal funds are used effectively on social services to produce positive outcomes for both service recipients and taxpayers; 4) to establish the use of social impact partnerships to address some of the Nation’s most pressing problems; 5) to facilitate the creation of public-private partnerships that bundle philanthropic or other private resources with existing public spending to scale up effective social interventions already being implemented; 6) to bring pay for performance to the social sector, allowing the United States to improve the impact and effectiveness of vital social services programs while redirecting inefficient or duplicative spending; and 7) to incorporate outcomes measurement and randomized controlled trials or other rigorous methodologies for assessing program impact.

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NAICS: 923130
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Employment And Training Administration

POSTED

5 months ago

DEADLINE

in about 2 years
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