So, if you view the concept as anything less than essential to winning work in the public sector, now might be the time to revisit the subject. All the signals coming from government are that social value will be an integral part of future procurement processes.
The impact of social value initiatives is already being felt, particularly at the Local Government level, as highlighted in our recent report with partners The Social Value Portal, which was presented at the recent annual Social Value Conference.
Two indicators of the growing influence of social value in procurement are:
An increase in the use of SMEs; and
An increase in the use of suppliers local to the authority carrying out the procurement
To get the full analysis and comparison with our 2019 data, download the report below.