We noted in this post that just two years into its life, implementation of the Social Value Act was being reviewed. The evidence-gathering and consultation happened at the very tail-end of last year and the report has just been published today (13/02/15). You can read it in full here.
Or you can pop over to the Policy Issues section on the BSSEC website and read our synopsis of the report, along with a commentary on what we felt its important points to be.
And if you can’t even wait to do that, then here’s a taster of the most important outcomes. While concluding that a mandatory extension of the Act would be premature, the report recommends:
- Work within Whitehall to raise awareness and understanding across government departments.
- Work with Cabinet Office SME champions to help private sector businesses understand social value better.
- The establishment of a social value steering group with NHS England and the NHS Sustainable Development Unit to ensure better progress on social value in health.
- Inspiring Impact be engaged to develop an appropriate measurement system for SV.
- That current procurement thresholds detailed in the Act do not rise to the new 2015 OJEU threshold of €750,000.
You can see all of BSSEC’s materials on social value here:
→ Main category — Public Services and Social Value