Summary
The Public Value (Social Value) Act 2012 requires certain public authorities including local authorities to consider how, in procuring services, they might improve the economic, social and environmental well-being of their areas. While the potential impact of the legislation particularly on the social enterprise sector has been somewhat exaggerated, seeking to achieve corporate and community objectives through the procurement of mainstream services can, alongside other options, realise greater value for money. This briefing will be of interest to all executive members and cabinet portfolio members and officers who are involved or have oversight of commissioning and procurement functions.
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