(1) shall include at least all of the following as parties to the contract: (a) the department; (b) an independent evaluator; (c) a programmatic intermediary entity; and (d) an investor;
(a) the department;
(b) an independent evaluator;
(c) a programmatic intermediary entity; and
(d) an investor;
(2) shall include clear performance outcome measures that trigger a success payment;
(3) shall establish a payment schedule for investors if the performance outcome measures are achieved;
(4) shall only allow repayment with funds appropriated from the restricted account;
(5) shall prohibit civil action by investors against the state if a success payment is not made because performance outcome measures are not achieved; and
(6) may not, under any circumstance, cause the total outstanding obligations under this chapter to exceed $25,000,000.
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