One year on, has the Social Value Act added any value?
By Jaime Jones
The Public Services (Social Value) Act 2012 came into force at the end of January 2013 and is part of the government’s ‘Big Society’ initiative.
The act sought to encourage commissioners of public services to consider wider economic, social and environmental benefits when defining what they wanted to buy.
The main purpose of the act was to introduce a pre-procurement consultation process that the government hoped would encourage commissioners to think more innovatively, enabling greater collaboration with social enterprises and communities and resulting in maximum value for money in austere times…
Click on the link below to read the rest of the Shoosmiths briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
Why register to The Lawyer
More relevant to you
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
What plans do the Conservative government intend to implement and how will this impact employers? Shoosmiths summarises the headline employment policies.
Do you agree with some of the discrimination decisions made by the courts in recent years? Shoosmiths presents three different scenarios.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…