Today’s policy announcements highlight a significant shift in public procurement, emphasizing social value, apprenticeships, UK manufacturing, and regional economic benefits in contract awards. This marks a move away from the traditional focus on lowest pricing alone.
Implications for commercial managers include:
– Local employment commitments
– Skills development initiatives
– Community benefits
– Environmental performance metrics
– Supply chain resilience strategies
As we move forward, winning bids will necessitate that suppliers demonstrate measurable social outcomes, moving beyond just competitive pricing.
The concept of social value and its implications is covered by our ever-popular introduction to public procurement course www.dpss.co.uk