Impact Bond: IPS employment support for people with drug and alcohol addictions
Also known as: West London Alliance
Stage of development: Complete
Policy sector: Employment and training
Social challenge: Drug and alcohol dependency, unemployment
Intervention: Individual Placement Support Service to help find and sustain work for adults who have or have had Drug and Alcohol Treatment.
Date outcomes contract signed: 2018-08
Date contracts between all parties signed: 2018-12
Start of service provision: 2019-01
Anticipated end of service provision: 2022-06
Anticipated completion date: 2022-09
Total investment commitment currency: GBP
Total investment commitment: 400000
Total investment commitment (USD): 533666.6685
Maximum potential outcome payment: 2375150 GBP
Configuration of the contracting parties: Intermediated contract with payments made through SPV (investor backed) 
Target population: Supports people aged 16-70 years old with drug and alcohol addictions, who are out of work, to gain and retain competitive employment. All service users will be voluntary and either receiving treatment, in recovery or previous users of the service.
Targeted number of service users or beneficiaries: 2074
Targeted unit type: Individual
Actual number of service users or beneficiaries engaged: 1768
Actual unit type: Individual
Service and beneficiaries notes: The project received 1768 referrals 
Changes to project due to COVID-19: Switch to grant payments based on medium scenarios