About the documents
A suite of sample standard form documents is available to help make the drafting of legal documents for transactions more efficient. These documents were developed primarily for social impact bonds.
For our more recent Payment-by-Result contracts, OSII has used our agency partner contract templates such as Department of Communities and Justice's Agreement of Funding of Services.
Sample SIB documents
Need help? Download the Getting started factsheet (PDF 360.59KB) which:
- Explains the legal arrangements between the parties involved in the NSW social impact bonds.
- Summarises the sample standard form documents that will be made progressively available for use when developing and implementing bonds.
- Highlights some key considerations for proponents developing a proposal for a bond.
Joint Development Phase
Sample agreements set out contractual arrangements between the relevant government department and the proponent during the Joint Development Phase. One sample relates to proponents submitting with partners on equal terms (consortium) and the other to proponents seeking to include advisors in the development process.
- Sample Joint Development Phase Agreement - consortium proponent (DOCX 86.67KB)
- Sample Joint Development Phase Agreement - proponent with advisor (DOCX 86.9KB)
During the Joint Development Phase, a detailed financial model will be developed. Refer to the financial model templates for examples:
Two Step Development Phase
Sample agreements set out contractual arrangements between the relevant government department and the proponent during co-development and extending to the Joint Development Phase (should the proponent succeed). One sample relates to proponents submitting with partners on equal terms (consortium) and the other to proponents seeking to include advisors in the development process.
A sample agreement that sets out contractual arrangements between the relevant government department and the proponent for providing services and issuing bonds.
A sample offering document provided to potential investors, which describes the proponent, the proposed services and the terms and conditions of the bonds.
Sample Information Memorandum (DOC 312.5KB)
Terms and conditions of the bonds
A sample document that outlines the terms and conditions of the bonds (to be inserted into the information memorandum).
Deed poll
A sample agreement that creates the proponent's legal 'promise' to investors to perform its obligations under the bonds.
Sample Deed Poll (DOC 341.5KB)
Purchase agreement
A sample agreement between the proponent and investors in relation to the issue and sale of bonds.
Trust deed
A sample document to create a charitable trust, which can act as a special purpose entity and assume the role of the proponent in each of the above sample documents.
Sample Trust Deed (DOC 437.5KB)
Management deed
A sample agreement that provides the arrangements for how a special purpose entity is to be managed. This is only relevant for transactions where a special purpose entity created under a trust deed (above) is used.
Sample Management Deed (DOC 288.5KB)
Security deed
Sample agreements for instances where the proponent is providing security, if required by the NSW Government and/or investors (not required in all cases),
Direct agreement
A sample agreement that creates direct legal arrangements between the proponent and the relevant department, where the implementation deed is between the department and a special purpose entity.
Sample Direct Agreement (DOCX 87.58KB)
Services subcontracting (drafting guidelines)
Guidelines to assist in drafting a service subcontract, which is an agreement that provides for how the proposed services will be provided by the proponent. Please also refer to the implementation deed (above).
Sample Services Subcontract Drafting Guidelines (PDF 412.03KB)