DCF: DCF Social Impact Bonds

DCF Social Impact Bonds

With support from the Harvard Kennedy School Social Impact Bond Technical Assistance Lab, DCF is currently evaluating the feasibility of pay for success contracts and social impact bonds to improve outcomes of children and families involved in the child welfare system who are also impacted by substance abuse.
On Friday, November 1, 2013, DCF released a Request for Information in order to gather input from families, intermediaries, investors, providers, and any other interested persons or entities.
As part of the RFI process, DCF hosted an information session on November 15, 2013.   If you are interested in reading what was shared at the November 15, 2013, go here.

The following article was part of The Chronicle for Social Change's PFS Watch, a running column for subscribers covering the emergence of youth-related pay-for-success and social impact bond projects.  ("Connecticut's Pay for Success Initiative" pdf version)

On February 14, 2014 the Department released a request for proposal (RFP) for a Social Impact Bond Project.  Please see the press release posted on this website and the RFP announcement located on the State Contracting Portal.

Responses to DCF's RFI for Social Impact Bonds Contracts for Children and Families Impact by Substance Abuse were due by 3 p.m. on December 6, 2013.  The following responses complied with that submission deadline. 
DCF will be reviewing these responses with consultants from the Harvard Kennedy School Social Impact Bond Technical Assistance Lab to determine next steps.  Additional details regarding DCF's next steps will be posted on this page at a later date.  If you have questions in the interim, please direct those questions to DCF.SIB@ct.gov.
Click here to access a copy of the "Social Impact Bonds Success Contracts for Children and Families Impacted by Substance Abuse" Request for Information (RFI).
Thank you.

Content Last Modified on 1/20/2015 9:08:41 AM