; and (B) establish baseline measurements from which to quantify progress toward such targets and towards the goal of preventing life-threatening morbidity and mortality for at least 15,000,000 children and at least 600,000 women, as described in subsection (b)(3) . (2) Exception In exceptional circumstances when the Administrator determines that the inclusion of coverage targets or baseline measures is not reasonable or practicable for a grant, contract, or cooperative agreement, the funding mechanism for such grant, contract, or agreement shall include an explanation of the omission and explicitly state how measurable impact will be targeted and tracked. (f) Use of innovative public-Private financing tools (1) In general In addition to existing bilateral and multilateral assistance for child and maternal survival, the Administrator shall implement the strategy established under subsection (c) through the use of innovative financing tools, where appropriate, to expand delivery of highest-impact, evidence-based interventions to address the leading causes of preventable child and maternal deaths, particularly among vulnerable populations. The Administrator shall also explore models, whether existing or innovative, to improve the efficiency and effectiveness of investments through results-based contracting (such as pay-for-outcome arrangements) and reduce financial and operational risks with respect to such implementation. (2) Authorization to fund programs on pay-for-outcome basis (A) In general The Administrator shall have the authority to provide assistance for child and maternal survival on a pay-for-outcome basis, as described in subparagraph (B) , to any initiative that meets the requirements described in subparagraph (C) . (B) Pay-for-outcome basis described The pay-for-outcome basis described in this paragraph is a performance-based grant, contract, or cooperative agreement awarded in the form of a commitment to provide payments that is contingent on improved outcomes resulting in a social benefit to the