(c)
Application required— The notice published under subsection (a) shall require an eligible entity seeking to participate in Tier 1 of the pilot program to submit to the Secretary, not later than 180 days after the date of such publication, an application for a VISIT pay for results project that addresses each of the following:
(1)
A description of each proposed intervention under the project and anticipated outcomes of the intervention, including expected benefits to the target population of the intervention, the participants working on the project, and other individuals who may be affected by the invention.
(2)
A summary of the unmet need in the area where the intervention will be delivered or among the target population of the intervention.
(3)
The criteria used to determine the eligibility of an individual to be served by the project, including how selected populations will be identified and referred to and enrolled in the project.
(4)
The anticipated number of participants needed to implement the project.
(5)
The criteria used to determine the eligibility of a participant for the project, including how the potential participants will be identified, recruited for the project, and trained for their roles in the project.
(6)
A plan for implementing each intervention through the use of participants.
(7)
Rigorous evidence demonstrating that the intervention can be expected to produce the desired outcome or outcomes or, if the eligible entity lacks such rigorous evidence but demonstrates promising evidence that the intervention can be expected to produce the desired outcome or outcomes, a plan described in subsection (d)(4)(B).
(8)
The target population that will be served by the project.
(9)
The projected cost to the eligible entity to carry out the project, and any costs to the Federal, State, or local government associated with the project.
(10)
Projected costs avoided by the Federal Government and State and local governments if the project is implemented and the outcomes are achieved as a result of the intervention.
(11)
A description of the expertise of the eligible entity, including a summary of the experience of the eligible entity in delivering the proposed intervention or a similar intervention, or demonstrating the capacity of the eligible entity to deliver the intervention to the number of eligible individuals the eligible entity proposes to serve under the project.
(12)
The proposed payment terms, the methodology used to calculate outcome payments, the payment schedule, and performance thresholds.
(13)
The budget for the project.
(14)
Subject to subsection (g), the timeline for the project.
(15)
The design for the evaluation required by subsection (i), including the metrics that will be used in the evaluation to determine whether the outcomes have been achieved as a result of the intervention and how the metrics will be measured.
(16)
An explanation of how the metrics described in paragraph (15) are independent, objective indicators of impact and are not subject to manipulation by the eligible entity or any investor.
(17)
An explanation of the independence of the evaluator who will conduct the evaluation required by subsection (i) from the other entities involved in the project and the experience of the evaluator in conducting rigorous evaluations of program effectiveness including, where available, well-implemented randomized controlled trials on the intervention or similar interventions.
(18)
An explanation of how any potential payment disputes related to the outcomes of the evaluation will be managed.