Social value derived from procurement is the positive legacy created through the performance of a contract.
There are three categories of social value:
- social – activities that promote a united community)
- environmental – efforts to assist the community in reducing waste or pollution)
- economic – training, employment or apprenticeship opportunities for disadvantaged groups)
The overarching intent of this policy is to set out our approach for doing more than sourcing our supplies at a price that it is competitive and good value for money – it sets our ambition.
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