Impact Bond: West London Zone Royal Borough of Kensington and Chelsea
Stage of development: Complete
Policy sector: Education
Intervention: The West London Zone Collective Impact Bond will support delivery of early interventions and services linked to improved achievement and well-being of Children and Young People (CYP), at risk of undesirable outcomes in later life. It will be delivered as two separate contracts over a five year period in the Royal borough of Kensington & Chelsea.
Date outcomes contract signed: 2018-01
Start of service provision: 2018-01
Actual completion date: 2021-03
Anticipated duration of service provision: 48
Actual duration of service provision: 51
Total investment commitment currency: GBP
Total investment commitment: 920000
Maximum potential outcome payment: 1050001 GBP
Target population: Primary school children
Targeted number of service users or beneficiaries: 872