Award of Kirklees Intervention and Support Service (KISS) Social Impact Bond to Kirklees Better Outcomes Partnerships Ltd
Awarded 31 Mar 2019
About
Kirklees Council awarded a contract to Kirklees Better Outcomes Partnerships Ltd for the co-design, development, and delivery of the Kirklees Intervention and Support Service (KISS), a social impact bond (SIB) aimed at improving outcomes and life chances for vulnerable residents to reduce future need for costly crisis interventions.
The contract, valued at up to £22 million over its life, is co-funded by the Life Chances Fund and requires compliance with the Life Chances Fund Award terms.
The service was procured through a process akin to the competitive procedure with negotiation, with outcome payments made via rate cards.
The contract commenced in April 2019 and expires on 31 March 2024, with all outcome payments to be drawn down by 30 September 2024.
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