Tips to Maximise Social Value Outcomes Through Procurement
Tips to Maximise Social Value Outcomes Through Procurement
Social value is now standard in public procurement, impacting an estimated £100 billion of public spending each year in the UK. Yet there are still many more opportunities to maximise delivery – particularly when it comes to procuring professional services. In this course, we share some top tips.
By the end of this course, you should be able to:
- Understand the implications of the Procurement Act 2023 amendment on tender evaluations
- Analyse the shift from "most economically advantageous tender" to "most advantageous tender" and its impact on procurement criteria
- Explain how procurement can contribute to social value and holistic solutions for communities and economies
- Identify strategies for collaboration between procurers and professional services providers to prioritise social value