Maximising Value for Money through Social Value

The recent publication of the new Green Book and the Government's Social Value in Procurement Policy note signals an increasing focus is on the wider strategic benefits of public investment, and we hope this will be a useful guide to understand how to incorporate it in your business cases.

By looking at your projects through the lens of social value, you will be better able to describe the wider economic and social benefits that they can result in for your communities. Whilst this won’t entirely replace the traditional economic appraisal, it will help to explore and uncover some of the less quantifiable elements of your projects, which are never-the-less important .

The purpose of this document is to show practical ways to include social value in your projects and Business Cases to increase the Value for Money.