Social value in procurement is about making sure that what you buy creates additional benefits for society. To get it right, you need to start thinking as early as possible about how to apply it to what you are buying.
Social value in procurement – Procurement Essentials – CCS (crowncommercial.gov.uk)
What is social value and why is it important?
The Social Value Act 2012 states that all public bodies must consider how what they are proposing to buy might improve economic, social and environmental wellbeing. The legal requirements of the act are quite limited, and many public organisations choose to go further than just ‘considering’ social value, and actively apply the principles across their procurement activities. Social value is traditionally applied as part of a community, local, or regional contract.