What is social value?
Social value is a great way for us to seek benefits for our communities and residents when commissioning and procuring services, above and beyond the main subject matter of the contract.
It's about how we and other public bodies (Shropshire Clinical Commissioning Group, housing associations, NHS commissioners, the police and crime commissioner), use their position as community leaders in their buying power to drive improvements to the social, economic and environmental wellbeing of our area. It means that when we're commissioning and procuring services we're required, by law, to consider any additional improvements we want to see and then, through procurement, to try and secure those improvements.
Social value can come in many forms. For example:
- New jobs created for Shropshire residents
- The amount of money or percentage of turnover that businesses or organisations spend in the local supply chain
- Inward investment to Shropshire
- Volunteering opportunities
- Contributions to or support for local community-based initiatives, for example environmental cleanliness schemes or tackling crime and anti-social behaviour
- Supporting community groups