; (ii) in which— (I) a commitment is made to pay the eligible entity for improved outcomes, including measureable improvement in the lives of service recipients or meaningful output measures strongly correlated to outcomes, that result in increased public value or social benefit to students and the public sector, such as increased effectiveness in improving outcomes, direct cost savings or cost avoidance, or increased public revenue; and (II) the entity providing the funds under the grant, contract, or agreement imposes minimal administrative requirements to allow for maximum flexibility to achieve improvement in the lives of service recipients, or increased public value and social benefit; and (iii) that requires— (I) a review or study describing how the proposed intervention is based on evidence of effectiveness, which may be a review or study not exclusively developed for the specific grant, contract, or other agreement and may be based on information already available; (II) a rigorous, third-party evaluation that uses experimental or quasi-experimental design or other research methodologies that allow for the strongest possible causal inferences to determine whether the initiative has met its expected outcomes; or a third-party, scientifically valid assessment or analysis of administrative data that verifies measurable improvements in the lives of service recipients or is correlated with improved long-term positive outcomes, with safeguards using available data to ensure that any apparent improvements are not the result of statistical differences in the service recipients compared with the target population at large; (III) an annual, publicly available report on the progress of the initiative