On 26 September 2014 the government announced a review of the Social Value Act. Lord Young, the Prime Minister’s Adviser on Enterprise, is leading the review, supported by Chris White MP, Hazel Blears MP, the Federation of Small Businesses, and Michael O’Toole, chief executive of Mentor UK.
The review is looking at how the act is working and whether it would be beneficial to extend it. It also looks at how the act might be extended in a way that continues to support small businesses and voluntary, charity and social enterprise (VCSE) organisations to bid for public contracts.
The Social Value Act came into force on 31 January 2013. It applies to public services contracts above the EU threshold for the application of EU procurement rules. The act requires commissioners in England and Wales to think about the value they can secure for their area when buying services at the pre-procurement stage:
• how the services they are going to buy might improve the economic, social or environmental well-being of the area
• how they might secure this improvement
• whether they should consult on these issues
Click here to learn more about the Social Value Act
The government want to consider evidence from a wide range of stakeholders.
To complete the questionnaire to give your views, visit: https://www.surveymonkey.com/s/socialvalueact
For further information click here, or email: [email protected]
The review will report its findings in early 2015.
This consultation closes on Friday 28 November 2014, 5pm