Social Value

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What is social value? Some, but not all of this value is captured in market prices. These things are important to us, but are not commonly expressed or measured in the same way that financial value is. At Social Value UK, we believe that social value has a huge potential to help us change the way we understand the world around us, and make decisions about where to invest resources.

Social value

By changing the way we account for value, we believe that we will end up with a world with more equality and a more sustainable environment. You can join us on this journey by becoming a member. We believe anyone can start to account for their social value, no matter the size of the organisation or the amount of resources available. Click on the following links to find out more:.

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What are the Principles of Social Value? This ranges from using local suppliers, employing local people and supporting tenant and community projects to protecting the vast natural capital of the estate. Landmarc has recognised the value that applying the right environmental, economic and social principles can bring, making it a true social value pioneer.

The Social Value Portal is a social enterprise dedicated to building the capacity of both the public sector and business to implement the Social Value Act. It does this through:. The Wates Group construction services company is committed to creating employment and training through trading with at least 1 social enterprise on every live construction project. Gloucestershire county council embedded social value throughout the tender process when seeking a new IT services provider.

As a result, the council now has a service focused on driving greater value for money, social value and delivery of its strategic plan. In just 1 year, its provider, Sopra Steria, has helped the council:. It has developed metrics that can be used across health and local authority procurement to standardise social value measurement and to provide best value for money. The portal it is developing supports commissioners to contract manage the social value elements of contracts, enabling them to see real time information and provide value feedback to suppliers.

Fusion21 is the national social enterprise that provides procurement and regeneration services. It has over public sector members who use its services to achieve efficiencies and social value driven procurement. To date it has:.


These are awareness and take-up, practical understanding and measurement. The response was much larger than expected and following difficult deliberations, the Minister for Civil Society chose 8 projects to receive funding.

What is social value?

View the list of successful projects. They undertook this work until March. Eight case studies from providers ranging from adult social care providers to forums supporting voluntary organisations, have documented their experiences on how they applied social value in their projects.

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We will publish a paper, planned for summer , giving examples of how central government has shown commitment to implementing the Social Value Act and what further actions we will take. The Inspiring Impact Hub includes a range of free tools and resources to help organisations measure their impact, including a number of unit cost databases. Our series of commercial masterclasses cover a range of essential topics for voluntary organisations tendering for public contracts.

The Mystery Shopper scheme provides a route for suppliers to raise concerns about public sector procurement practices, including instances where they believe that commissioners have not complied with the Social Value Act. It also proactively carries out spot checks on individual procurement exercises to check that the Act is being applied. You can contact the Mystery Shopper service by emailing MysteryShopper ccs.

Service Design & Innovation

The Commissioning Academy is a development programme for senior commissioners from all parts of the public sector. The programme covers the Social Value Act and includes masterclasses, workshops, guest speakers, site visits and peer challenge. Find out how to apply to join the programme. We will be updating our bank of case studies over the coming months.

If you have a social value case study you would like to share, please send it to us: SocialValue cabinetoffice. This has led to social value being created through the supply chain and funded by the supplier, which would have otherwise been funded by Circle Housing. Instead of taking the traditional approach of buying in a youth offending service, they decided to bring together young offenders to work with the council on a grant fund.

The young people decided the outcomes for the grant, evaluated bids, and selected the winner — a project that would involve the whole community in a talent competition. To help us improve GOV. It will take only 2 minutes to fill in. Skip to main content.

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UK uses cookies to make the site simpler. Accept cookies. Cookie settings. Home Social Value Act: information and resources. Cabinet Office. Contents 1. Introduction 2. Guidance 3. Programme of Work 4. Further support 5.

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