As used in the Pay for Success Act: 1. 'Pay–for-success contract' or 'contract' means a written agreement executed in order to create a public-private partnership contingent upon a specified service or program meeting specified performance targets and outcome measures; and2. 'Success payment' means a single payment or schedule of payments that is identified in a pay-for-success contract to be paid when specified performance targets and outcome measures are met.Added by Laws 2019, c. 202, § 3, eff. Nov. 1, 2019.
Oklahoma Legal Code