Q and A With Phil Peterson

8/30/2016

NCSL 2016 Legislative Summit | Aug. 9, 2016

Hear from Phil Peterson, founder/consultant at KidSucceed LLC, as he discusses Pay for Success (PFS)/Social Impact Bonds, a new and innovative way gaining traction in some states to finance social service programs. Pay for Success is a financing mechanism in which private investors pay upfront costs to provide services that guarantee certain achievable outcomes set by the state. The investor receives a return on their investment, usually from state government, only if the agreed upon outcomes are achieved. You will hear about which projects are appropriate for PFS, how PFS is changing the way government operates and why this is of interest to legislators.

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