The wider economic, social, and environmental benefits that a public contract delivers in addition to its primary goods, services, or works. Social value considerations may include creating employment and skills opportunities, supporting small businesses and local communities, improving environmental sustainability, promoting equality and inclusion, enhancing community wellbeing, or reducing carbon emissions. In UK public procurement, contracting authorities often evaluate social value as part of the award criteria, requiring suppliers to demonstrate how they will generate measurable benefits throughout the contract. Bidders should ensure that social value commitments are realistic, evidence-based, and aligned with the buyer’s stated objectives, as they may form part of the contractual obligations and ongoing performance monitoring.
Social Value
The wider economic, social, and environmental benefits a public contract delivers beyond its core goods, services, or works.
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Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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