TENDER LOVING CARE
Responsible procurement requires a respect for people, the planet and the local economy. That’s why we make it our priority to take care of more than just business.
At Everything FM, we recognise that we have a very important role to play in helping to deliver improvements in social value – and it’s a position that we do not take lightly.
The Social Value Act (SVA) was first determined in 2012, and requires you to consider how procurement can improve the social, economic and environmental wellbeing of a relevant area – observing these aspects throughout the lifecycle of the procurement process.
This Act was further supported in a statement made by the government (24/9/20), in which they explained that they are determined to unite and level up the country – including places that are felt to have been left behind.
At the heart of these new social value measures, which came into effect on 1st January 2021, are local businesses and communities. The updates focus on supporting COVID-19 recovery, tackling economic inequality, fighting climate change and reducing waste, as well as continuing to drive equal opportunities and improve health and wellbeing.
AIMS OF EVERYTHING FM’S SOCIAL VALUE POLICY
At Everything FM, our primary aim is to help all public and third sector organisations deliver maximum social value from their procurements. We also work with our suppliers to suggest ways in which they can deliver greater social value activity as a standard part of the delivery of their contracts.
EVERYTHING FM SOCIAL VALUE APPROACH
We can help you consider social value at each stage of the process by:
- Writing an informed specification
- Creating appropriate procurement documentation
- Evaluation of bids with social value metrics
- Post award support – reviewing social value impact
Considering social value in service design can deliver a more holistic and innovative solution – as well as helping to save money by providing additional benefits.
EVERYTHING FM SOCIAL VALUE MEASUREMENT AND CALCULATION
We are dedicated to reporting on social values and will calculate the social, economic and environmental return on investment.
There are six main reporting areas:
Fiscal Savings – to UK government and taxpayers associated with reduced cost for welfare benefits, health services, education, emergency services, housing, and social care.
Environmental Benefits – associated with reducing, recycling and diverting waste, reducing CO2 emissions, as well as ecological protection.
Economic Benefits – to HMRC associated with Tax, National Insurance and Earnings due to reduced work and sickness days.
Local Multipliers 3 (LM3) – which accounts for how a project impacts upon local economies through spend on supply chain and employment.
Wellbeing Improvements – associated with employment and skills development, qualifications, education support, school and community engagement, and improvements to physical and mental health.
Gross Value Added (GVA) – which measures how project employment contributes to economic productivity and uplift of an area including the indirect and induced effects of direct employment.