Social Value Act (2012)

The Social Value Act (2012) is a UK law that encourages public sector organizations to consider the broader benefits they can generate when awarding contracts. This means they should look beyond just cost and quality, and also think about how their purchases can positively impact communities, the environment, and society. For example, they might choose suppliers that create local jobs or reduce environmental harm. The goal is to ensure public money helps deliver social, economic, and environmental improvements alongside providing goods and services.