Social Value Act: review [1]
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.