Okla. Stat. tit. 62, § 62-9010.3: Definitions

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; and

2. "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.