| Organization: | Executive Office for Administration and Finance |
|---|---|
| Date published: | September 16, 2016 |
Introduction
This Pay for Success Contract, dated June 30, 2016 (the “PFS Contract”), is entered into as of the date hereof by and between (a) THE COMMONWEALTH OF MASSACHUSETTS (the “Commonwealth”), acting by and through (i) the Executive Office for Administration and Finance (“EOAF”), (ii) the Executive Office of Labor and Workforce Development (“EOLWD”); and (iii) the Executive Office of Education (“EOE”), (b) JEWISH VOCATIONAL SERVICE (“JVS”), a Massachusetts not-for-profit corporation, (c) SOCIAL FINANCE, INC. (“SFI”), a Massachusetts non-profit corporation, and (d) MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC (“SFMA”), a Delaware limited liability company and wholly-owned subsidiary of SFI. The Commonwealth, JVS, SFI and SFMA are referred to collectively herein as the “Parties.”
Table of Contents
- Recitals
- Article 1. Term; Definitions
- Article 2. JVS Services
- Article 3. Evaluation; Performance Management, Fiscal Services and JVS Data Sharing
- Article 4. Funding of JVS Services and Other PFS Contract Costs; Success Payments
- Article 5. Communication, Governance and Publicity
- Article 6. JVS and SFMA Representations and Warranties
- Article 7. Commonwealth Representations, Warranties and Covenants