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Peer Support Open Session (ERGO Peer Learning Group)

Peer Support Open Session

In this open session,  participants  will  discuss  the  ramifications  of  changing the terms of  outcomes contracts  during COVID-19 (e.g. renegotiate the contract;  temporary/permanent  switch to fee-for-service or grant;  pause delivery; terminate contract). The session will begin with a presentation  of the alternatives  and the reasons why project stakeholders might pursue them.  Participants are invited to offer their thinking as it relates to their own projects, what additional alternatives  might be  available, and how they are approaching transitioning projects into and out of ‘normal’ impact bond operations.

Welcome and introduction to session format 

Clare FitzGerald, Research Fellow, Government Outcomes Lab 

 

Alternatives for Impact Bond Projects During COVID-19 

Nigel Ball, Executive Director, Government Outcomes Lab 

Sam Magne, Knowledge & Learning Manager, The National Lottery Community Fund 

 

Experiences from projects 

Chih Hoong Sin, Director, Traverse

Jessica Hughes-Nind, Graduate Analyst, Social Finance

Karen Challis, Head of Education & Skills, Sheffield Futures 

 

Discussion 

Has anyone had different experiences from those described so far? 

Are there any other considerations that have not yet been mentioned? 

Do people feel Covid-19 will leave a positive or negative legacy for impact bond projects?

Resources

Six alternative funding approaches for impact bonds in response to Covid-19

This note is directed towards those involved in live impact bond projects, as they think through the implications of the coronavirus crisis on their contracts. It explores six alternative options for contract management responses to Covid-19 for outcomes-based contracts.