Social Value definition

Social Value means the Authority’s commitments to delivering Value for Money, environmental and social benefits, Net Zero by 2050, efficient use of resources, greater social inclusion, support for innovation, better risk management and improved supplier relationships. These principles are underpinned by the obligations laid down in in the Social Value Act 2012, the Modern Slavery Act 2015 and the Equality Act 2010;
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Social Value means having regard to economic, social and environmental wellbeing as set out in the Public Service (Social Value) Act 2012 (as amended or replaced) in relation to public services contracts;
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Social Value means social value as described in the Public Services (Social Value) Xxx 0000 as amended from time to time. Environmental, social and economic benefits associated with, relevant and proportionate to, the subject matter of the contract and accruing to the area in which the procuring body is operating;
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Examples of Social Value in a sentence

  • Through our unique Social Value Calculator, we are able to calculate your social, economic and environmental impact and the financial value, in real monetary terms, of that impact.

  • The Public Services (Social Value) Act 2012 places an obligation on the Council to consider the economic, social and environmental well-being of our area when we award contracts over Regulatory Thresholds.

  • In preparing this report the relevance of the following factors has been considered: Social Value, Human Rights, equality of opportunity, health, environmental, transport, property, social value and crime and disorder considerations.

  • The Public Services (Social Value) Act 2013 requires people who commission public services to think about how they can also secure wider social, economic and environmental benefits.

  • Procurement must carry out an assessment of relevant Social Value and record the results in the Procurement Report.


More Definitions of Social Value

Social Value means that the Services as described will take into consideration but not be limited to employment of people with barriers; working with social enterprises; community development; and / or utilizing locally available materials where and when ever possible.
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Social Value means the economic, social and environmental well-being in connection with public services contracts and for connected purposes.
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Social Value shall have the meaning as defined in the Public Services (Social Value) Act 2012 as amended from time to time
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Social Value the social, economic or environmental benefits set out in the Authority’s Requirements;
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Social Value means that the Work as described will take into consideration but not be limited to employment of people with barriers; working with social enterprises; community development; and/or utilizing locally available materials where and whenever possible.
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Social Value means simply, value that accrues in our local communities. It is what city residents say is valuable to them, for example sustainable employment, a decent place to live, and equal access to a range of quality services in the local area.
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Social Value means supporting Council’s objectives as articulated in its Strategic Plan and OCP and refers to programs or services delivered by the District that impact the well being of individuals and the community.
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