The Government has announced a review of the Social Value Act. The review will be led by Lord Young who will be assisted by Chris White MP, Hazel Blears MP, the Federation of Small Businesses and Michael O’Toole. The review will help to determine if the act should be widened to cover contracts for goods and works as well as services and how this can be done in a way that continues to support SMEs and charities and voluntary organisations to bid for public contracts. The review will consider evidence from a range of sources over the coming months and look to report back in early 2015.
Neil Cleeveley, acting Chief Executive of NAVCA, said
“Social value is about changing minds rather than just ticking boxes. It clearly has tremendous potential but it is largely untapped, something the review must address. It has to drive real and lasting change in public commissioning and procurement culture if social value is to realise its full potential.”
“We want the Social Value Act extended to cover all contracts, something they’ve already managed in Birmingham. Public bodies should also be required to publish a short annual social value statement, setting out how they are using the act and what is being achieved. This would make sure it remains a live issue for all public sector commissioners.”