Social Value Agreement

We are seeing a growing review of social value issues in tenders and QQPs. Since the coming into force of the Public Services (Social Value) Act of 2012, the public sector must “consider” the social value for each procurement. However, recent revisions to the law have increased the obligation for governments to take positive action and become more accountable. As a result, bidders` expectations for them to have a clear and measurable effect in tenders have increased. If you`re struggling with social value or need help understanding a buyer`s requirements, our committed team is here to help. The Charitable Trust (HACT) of housing companies runs a tabletop tool where you can enter specific information and assess the social value of your offerings. The calculation will come to a report on the number of books you will generate in social value, for the money earned by the contract. www.hact.org.uk/value-calculator Thanks to this law, tenders and QQQs focus on issues of social value. This shows the increasingly important link between social value and tenders. It`s important not to assume that you know what the buyer wants to hear. Instead, digest the requirements of the question and answer accordingly. For example, don`t get involved in the letter about creating value through charitable donations when you set up the question of how to improve social value by introducing additional employment/work experience opportunities. Many public sector organisations, especially local authorities, publish specific social, environmental or charitable agendas.

This usually takes the form of strategic economic or social plans, for example the North East LEP Strategic Economic Plan. This may be part of the call for tenders or be available on the website of the public body. It is important that you do your reading and be sure to show in your answer that you have the same priorities. Public sector organisations reporting work over GBP 180,000 are now required to question the social value of potential suppliers. It is more important than ever to be aware of what this means and how you can demonstrate an understanding of social value in your responses to your commandments. As far as public procurement is concerned, this is a abandonment of the award of contracts on the basis of the lowest costs. Whereas in the past the evaluation criteria were weighed at 60% price and 40% quality, today we see weightings of up to 20% for social value alone, making it a fundamental element of any successful offer. It is important to note that in the review of social value and tendering, the value you describe should not only be “social.” .