PFS Construction
Control Group
Counterfactual
PFS Enabling Legislation
End Payer
Evaluation
Evaluation Plan
PFS Feasibility Study
Financial Intermediary
Financial Model
Institutional Review Board (IRB)
Intermediary
Intervention
Notice of Funding Availability (NOFA)
Observation Window
Outcome
Output
Partial PFS
Pay for Success (PFS)
Performance Management
Performance-Based Contract
Pilot
Pre-Development Fund
Process Evaluation
Proxy Outcomes
Quasi-Experimental Design
Ramp Up
Randomized Control Trial (RCT)
Rate Card
RCT Overlay
Referral Pathway
Remedial Programs
Request for Information (RFI)
Request for Proposal (RFP)
Request for Qualifications (RFQ)
Secondary Evaluation Methodology
Social Impact Bond (SIB)
Social Impact Guarantee (SIG)
Social Innovation Financing (SIF)
Social Innovation Fund (SIF)
Special Purpose Vehicle (SPV)
Target Population
Transaction Coordinator
An advisory organization that helps move a PFS project after the feasibility process, through the construction process, and into project launch. Transaction Coordinators usually provide expertise including: data analysis, financial modeling, fundraising and facilitating multi-party negotiations. The transaction coordinator is at times called the "intermediary," but more specifically the role of the transaction coordinator usually ends once the project launches, whereas the "intermediary" includes project management functions that occur after project launch.
Treatment Group
Individuals in the target population who receive the intervention. In an evaluation, their results are compared to the control group to calculate the impact of the intervention.
Wrong Pocket Problem
A commonly faced challenge in PFS projects wherein a government agency funding a preventative program does not then see the resulting savings on its own budget.