Social value

Innovation Chain North (ICN) aims to place a greater emphasis on social value, so that every call off from the framework will positively impact the wider economy. The framework tender evaluation process applied a 10% weighting for social value. Our award winning approach to seeking social value pledges from suppliers as part of the framework tender will deliver quanitfiable socail value outcomes against each call off. By supplying a managment tool alongside the pledge we are enabling our clients to negotiate and agree specific social value outcomes against each call off in line with their own social value goals and the suppliers social value pledge.

Each contractor and consultant submitted a social value pledge as part of the framework tender process. For contractors this was per £1,000,000 contract value – for consultants this was per £10,000 fee income. An ICN social value tool has been developed and is available to clients via the secure portal. This tool enables the client to see the social value pledge offered by the contractors and consultants and will calculate the total pledge to reflect the specific scheme value. The actions to deliver the pledge can then be agreed with the supplier to meet the needs of the client, the community and/or residents.