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Other possible funding models

Other possible funding models. Covering…. Current funding models and an update Potential funding and implications New ideas?. Work Programme +. Ingeus and A4e within this region Outcomes based payments Spot contracting = unit costs Modelling risk into costs. Payment by results.

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Other possible funding models

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  1. Other possible funding models

  2. Covering… • Current funding models and an update • Potential funding and implications • New ideas?

  3. Work Programme + • Ingeus and A4e within this region • Outcomes based payments • Spot contracting = unit costs • Modelling risk into costs

  4. Payment by results

  5. What does this mean in practice? • Do you understand your unit costs? • Do you know how and where services provide cashable savings to the public purse? Could this be done together? • How would you manage with a payment by results contract? • How do you demonstrate your added value (new Social Value Bill just passed)

  6. New forms of investment New way of public/private finance • Social Impact Bonds (Peterbourgh Prison, various new pilots) New ways of attracting private finance • Charitable Bonds (www.allia.org.uk) • Community Shares (www.communityshares.org.uk)

  7. New methods of funding • Sam Scharf • e:samuel.scharf@citizensadvice.org.uk • @cabpartnerup

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