Government and Public Sector Journal: Why Social Value Should Be An Important Part Of The Public Sector Procurement Process

Originally featured in the Government and Public Sector Journal Autumn Issue, and in the PPMA November newsletter. Written by Siobhan Goss – Head of Corporate Social Responsibility.

As the Head of Corporate Social Responsibility at Matrix, I have had the opportunity to witness the increasing importance of social value within the procurement process. Social value is no longer an optional consideration; it is now a significant factor in public sector procurement. The evolution of social value from what it was a decade ago to where it stands today reflects its growing significance I delivering benefits beyond financial outcomes. For suppliers tendering for UK public sector contracts, understanding and embracing local value is key.

One thing I always emphasise when speaking to colleagues across various functions is the importance of understanding the relevance of social value, even in areas where it might not traditionally be considered. Public sector organisations are increasingly posing questions to suppliers about how they will deliver social value. When those bids come in, local value is evaluated with growing emphasis, and I believe that getting feedback and insights across your organisation can help you respond effectively.

Read the full article here in the Government and Public Sector Journal Autumn Issue.

When it comes to social value, collaboration is crucial. Many organizations in the public sector have their own social value champions – people who are focused on delivering regional or community benefits. For those that don’t, there is a wealth of knowledge and best practices to be shared. One of the strengths of the public sector is its willingness to collaborate and share ideas, and I encourage suppliers to tap into this. Speak with your peers, share ideas, and learn from one another. The more open we are to learning from others, the better we can deliver social value.

Originally featured in the Government and Public Sector Journal Autumn Issue, and in the PPMA November newsletter. Written by Siobhan Goss – Head of Corporate Social Responsibility.