Social value
Wider benefits a contract brings, such as local jobs, apprenticeships, carbon cuts or support for small businesses. UK central government scores it as part of the bid, typically at least 10% of the total.
Related terms
- Evaluation criteria
- How the buyer will score bids: the questions or factors, how many points each is worth, and how price is weighed against quality. They are published in the tender and must be followed.
- Community benefits
- Commitments in a bid to help the area or community where the work happens, such as hiring locally or training. The term is common in Canada, Scotland and Australia.