Localis True Value Towards Ethical Public Service Commissioning

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There has been a number of procurement and public sector related papers launched over the past month.  Localis Think Tank published a report examining the strategic role procurement should have in delivering social value, positive societal impacts, supporting levelling up and reducing our impact on the climate.

‘The new Procurement Green Paper outlines a more flexible and principled system and comes with a distinct message to all contracting authorities: that they do not have to select the lowest price bid when procuring, instead insisting that authorities should take a broader view of value for money that incorporates factors such as local economic impact and ‘social value’.’

At the core of this is how we define ‘value for money’ and how this has been interpreted in the past and how it needs to be defined in the future with a much broader understanding.  Clearly the road we are on now is driving inequality is detrimental to large parts of society and is unsustainable.  The size and scale of public sector procurement around the world is a strategic lever to fundamentally shift how we buy, what we buy and who from it can accelerate positive impact and it can be undertaken quickly.