Impact Bond: HMP Peterborough (The One Service)
Stage of development: Complete
Policy sector: Criminal justice
Intervention: The Peterborough SIB is intended to reduce the reconviction rates of short-sentence male prisoners leaving HMP Peterborough. The One Service contracted four organisations, St. Giles Trust, Ormiston Children and Families Trust, YMCA and SOVA, to deliver its core activities. St. Giles Trust and Ormiston Children and Families Trust focus on the immediate needs of an o ender and his family before and after he is released from prison. These needs include accommodation, medical services, family support, employment and training, bene ts and  nancial advice.Participants voluntarily refer themselves into 'The One Service'. St Giles Trust workers interviewed offenders to assess their needs. supported offenders before release, at the point of release, and into the community. The Ormiston Children and Families Trust supported offender's children and families in that time. SOVA and YMCA provided longer-term, lower-intensity support. 
Date outcomes contract signed: 2010-03
Start of service provision: 2010-09
Total investment commitment currency: GBP
Total investment commitment: 5000000
Total investment commitment (USD): 7725833.703
Target population: Adult males (aged 18 or over) who received custodial sentences of less than 12 months and who had been discharged from HMP Peterborough
Actual number of service users or beneficiaries engaged: 1802
Notes: It has been reported that there were 17 investors in total. Additional assessment: QinetiQ and the University of Leicester appointed as Independent Assessor, created a comparison group using Propensity Score Matching. Intervention cohort matched against up to ten individuals in a control group.