Pay for Performance Bonds. Public Sector Economics Workshop February 13, 2013. Pay for Performance Bonding Overview . Pay for performance bonding context 2011 Pay for Performance Act Pay for Performance Committee Role Responsibilities. Pay for Performance Bonding: Models.
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Public Sector Economics Workshop
February 13, 2013
Before or during service delivery
+/- 10%, 20%, 30%
Note: Special thanks to Kate Barr and Brian Paulson for use of their graphics.
State of MN
After validation of outcomes
2011 Legislative Session – Pilot program created:
Note: Cost of provider’s working capital, if needed, will increase the provider’s required return on investment.
Six months to five years
Service provider contracts executed & programs implemented
Contracts executed with third parties, including evaluator
Evaluation design is confirmed
Six months to ten years