Social value

Social Value in a Public Sector procurement exercise refers to the financial and non-financial impact of the contract which includes the wellbeing of individuals and communities, social capital and the environment achieved from the contract over and above the delivery of the required service at no extra cost.

The Public Services (Social Value Act 2013) requires Public Sector organisations to consider the social impact on the services implemented.

As a provider of procurement as a service, we take a client-focused approach to Social Value, unlike our competitors who collectively engage in their own Social Value activities which in most cases are not strategically aligned to their clients’ Social Value drivers but must be adhered to and paid for through the fees charged to the suppliers on the framework or DPS.’

We work with our clients to ascertain their own specific Social Value drivers and incorporate them into the contracts we procure, ensuring they are aligned to our clients Social Value strategy.

Our team has more than 18 years of experience in procuring contracts that incorporate Social Value, and we have devised clear and simple to use ways of quantifying the impact of Social Value.

We define Social Value in a number of ways – in cashable and non-cashable efficiencies, and in ways that help to deliver and demonstrate the Social Value built into each contract.