One Day 'Bootcamp' on Understanding Social Value and How to Block Procurement Curveballs
LONDON, March 1, 2016 /PRNewswire/ --
Uprise London's one day 'bootcamp' highlights best practice in service commissioning, delivery and measurement and shows how to win a slice of the £187bn Government procurement pie.
It will be held on March 16th 2016 at Friends Meeting House Euston, London
Book your place to access expert insight into The Public Services (Social Value) Act, which requires public bodies to consider how the services they commission could have economic, social and environmental benefits in their local area. When tendering for contracts with public bodies, private companies who can show how they deliver these benefits gain a competitive advantage.
Ethical London property developer Uprise is hosting this event to raise awareness of the act and showcase best practice, successful implementation, social impact investment and how to gather and illustrate data for reporting metrics and measurement.
FTSE listed companies are required to report on Corporate Social Responsibility and increasingly on community benefit outcomes in their public services contracts. Investors in listed companies are demanding more than a financial return on their investment and companies have to deliver more social impact.
Social impact is the effect an action has on the social fabric of the community. The social return on investment is the human, community and environmental benefits of every pound spent.
As budgets are cut, procurement teams in local and central government are under pressure to maintain services, improve outcomes and reduce costs. Pioneering commissioners are using the provisions of the Act to ensure their tendering processes incorporate social outcomes from delivery to legacy.
For example, investment in good childcare leads to decreased delinquency and reduces chances that children will become involved in crime. These benefits can be measured and benchmarked using government statistics and accounting principles.
The conference will show:
- how partnerships can incorporate the best of the commercial, social and charitable sectors to deliver outstanding outcomes
- case studies delivered by market leaders from criminal justice (Nacro), the built environment (Balfour Beatty), transport (HCT) and infrastructure (K-10).
- Social funders Big Issue Invest and City Investment Firm King & Shaxson bring the investor's perspective.
Book now for
- to demystify key provisions of the Act
- expert guidance for firms on what to measure, how to report and benchmark outcomes
- using Integrated Reporting
- hear from a panel of new and traditional media specialists how to engage stakeholders with effective story-telling
- valuable networking opportunities
- post-conference publications
Panellists from WeConnect Europe, Aleron, All Street, FT, Numbers for Good and IntelligentHQ will share their knowledge.
The Bootcamp is co-hosted by the Social Value Portal, a geospatial meeting place that brings together companies, the public sector, not-for-profit organisations, social enterprises and local communities. Bronze membership is included in the ticket price.
Notes to Editors
Uprise is a London property developer that builds truly affordable homes for Londoners. Its profits are used to fund housing, employment and up-skilling programs for women and children who have suffered violence and trauma.
Contact Details:
- Holly Bright - +447484843778
- info@uprisecommunity.org
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