Social Value Act 'tipping Point' Has Been Reached


credit: USACE on Flickr

"We have reached some kind of tipping point in terms of awareness, understanding, and measurement," says Chris White, author of the Social Value Act that came into effect in England and Wales in 2012.

The act requires public sector commissioners to consider how procurement decisions could improve the economy, social, and environmental well-being of a specific area.

Since January 2021, every central government department must "explicitly evaluate social value when procuring services, not just 'consider' it," reports the Pioneer.

Social enterprises see it as an opportunity to win more public sector contracts, as well as a push towards encouraging the wider business community to act more ethically.

"If there are any naysayers, their days are over," says Darren Knowd, chair of the National Social Value Taskforce.

"This little act, I think it's transformed the relationship between the public and private sector," says Guy Battle, CEO of the Social Value Portal.

"It's impossible for businesses to win work unless it has a social value offer."
Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

School Open House

If you're looking for a good high school in St. Louis, you'll want to check out Chaminade College Preparatory School. It's a Catholic school for boys, and its motto is "Be a Man," the...more

Spring Acquires Future Capital to Create an Inclusive Investment Ecosystem Across Canada

"We are now able to connect more diverse, impact-driven founders and funders and we see an increasing need in the market to do so." So says Keith Ippel, a co-founder and CEO of Vancouver-based...more

Spring Acquires Future Capital to Create an Inclusive Investment Ecosystem ...

"The future of capital looks different than it did yesterday," Caroline von Hirschberg, co-founder and co-CEO of Spring, says in a press release announcing the company's acquisition of Future...more

18 Innovative Strategies For Navigating Employee Health Care

If you work for a company that offers health insurance, you may want to consider adding a few extra days to your vacation. That's according to 18 business leaders from the Forbes Business Council...more

Patient-Led Innovations in Inflammatory Bowel Disease Take the Prize in Takeda Canada'S ...

"My personal IBD journey led to research and discovery, transforming my health. Together with patients and clinicians, we created an education platform to help improve patient care." That's...more

Osf Healthcare Increasing Access to Innovative Patient Care with Artificial Intelligence ...

"We are always seeking new ways to innovate and improve access to cutting-edge diagnostics for our patients so we can help them better manage their health conditions, including diabetes, which...more

New Biotech Lab, Accelerator Emerges in Houston to Speed Up Commercialization of Life-Saving Cures

"I can watch a million Astros games, but I'm not going to be a better baseball player until I pick up a bat or pick up a glove and actually start playing and then get coaching on it, right?" David...more

The Institute for Functional Medicine and Western Michigan University Homer Stryker M.D. ...

Western Michigan University's medical school is teaming up with a Washington state nonprofit to offer a new residency program for doctors of medicine in Battle Creek, Mich., the AP reports. The...more

ComEd, League of Chicago Theatres Award 17 Arts Organizations More than ...

In its sixth year, ComEd's "Powering the Arts" grant program has awarded more than $850,000 to more than 100 arts organizations in its service area in Illinois. This year, the utility company and...more

Bofa Recognized as the Leading Provider of Outsourced Chief Investment Office Services ...

Bank of America has been named the largest outsourced chief investment office (OCIO) for foundations and endowments in the US by Pensions & Investments. BofA's OCIO services include strategic...more



Facebook announces a new feature called Donate which makes it possible for anybody to give back to a charity of their choice through its Facebook Page.




Social Services Jobs in Iowa

  Program Director Jobs
  Fundraising & Development Jobs
  Executive Director Jobs
  Social Services Employment
  Education Jobs


Federal Government Grant and Assistance Programs


| The Patient Protection and Affordable Care Act of 2010 (Affordable Care Act) authorizes Community Tr | Perishable Agricultural Commodities Act | Anti-Gang Initiative | Environmental Quality and Protection Resource Management | Labor Management Cooperation | Assistance to Firefighters Grant (ARRA) | Child Lead Poisoning Prevention Surveillance financed in part by Prevention and Public Health (PPHF) | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2023 Copyright Michael Saunders