Social Impact Bonds in Victoria


The Victorian Government is exploring Social Impact Bond (SIB) pilots.

The Victorian Government is exploring Social Impact Bonds (SIBs) to trial innovative interventions in complex areas of social disadvantage.

As part of the 2016-17 Victorian Budget, $700,000 was provided to help to deliver market testing and the procurement phases of Victoria’s first SIBs.

All SIB queries can be directed to the project manager via

Sample legal template documents

A suite of sample legal template documents is now available.

They have been developed by King & Wood Mallesons to assist in the drafting of relevant legal documents that may be required for a SIBs transaction in Victoria.

Request for Proposal (RFP)

The Request for Proposal (RFP) for Victoria's pilot SIBs is now closed to responses.

SIBs workshops 

Workshops on the SIB pilot program were held on 31 August and 21 September. The workshops were for organisations planning to bid for a SIB or exploring the opportunity to do so.

Workshop 1: Wednesday 31 August 2016

Workshop 2: Wednesday 21 September 2016

SIBs information session

An information session on the SIBs pilot program was held on Wednesday, 20 July 2016 from 10am to 12pm at the Treasury Theatre.

Copies of the presentation slides (PDF 341kb), Statement of Opportunities (PDF 709kb) and questions and answers (PDF 94kb) from the information session are now available.

SIBs – general information

Read the general information about SIBs for further details.

Frequently asked questions

Read the frequently asked questions about SIB for further information.

Media releases