Report attached.

Report Title: Adoption of Social Value Policy and Guidance

Presented by: Councillor Ray Morgon, Leader of the Council

Cabinet:

Approved the adoption of the Social Value Policy, as set out in Appendix A and the Social Value outcomes matrix as set out in Appendix B. This will be incorporated in the revision of the Contract Procedure Rules.

Report Title: Adoption of Social Value Policy and Guidance

Presented by: Councillor Ray Morgon, Leader of the Council

Summary:

The proposed Social Value Policy and Guidance describes how social value can be leveraged to benefit the Council and its residents above and in addition to the sums agreed as part of procurement processes.

Social Value refers to the wider financial and non-financial value created by the Council through its day-to-day activities and Community Leadership in terms of the wellbeing of individuals and communities, social capital created and the environment.

The Social Value Policy will act as a ‘golden thread’ between the Council’s Corporate Plan and how the Council procures Goods, Services or works. Social Value requested in procurements must be relevant to the procurement and should link back to the priorities as set out in the Corporate Plan 2024-2027.

Social Value is defined in the Public Services (Social Value) Act 2012 which came into force in January 2013. It requires the Council and its supply chain to look beyond the financial cost of a contract and consider how the services we commission and procure might improve the economic, social and environmental well-being of the Borough.

The Council procures using three sets of legislation “Procurement Act 2023, the Public Contracts Regulations 2015, Health Care Services (Provider Selection Regime) Regulations 2023” all of which require the Council to consider how Social Value can be leveraged to gain additional benefit for its residents and communities, this is also supported through the Governments National Procurement Policy Statement.

Cabinet:

Approved the adoption of the Social Value Policy, as set out in Appendix A and the Social Value outcomes matrix as set out in Appendix B. This will be incorporated in the revision of the Contract Procedure Rules.