Social Value Policy
2.0 Scope
2.1 While the Act only requires relevant authorities to consider social value in service contracts (and goods or works contracts where there is a service element) above a prescribed financial threshold, the Council's implementation of the duties in the Act will be as wide as practicable and the Council will seek to secure meaningful social value outcomes from its procurement activities:
a) with all suppliers, providers and contractors
b) for goods, services, and works
2.2 The Council will adopt the Social Value Portal's Themes, Outcomes and Measures (TOMs) Framework. The TOMs framework is a tool that allows the Council to attribute a proxy financial value against a range of social value activities committed to by suppliers, providers and contractors through the procurement process.
2.3 The Council may also consider other tools and methodologies that may be available to calculate social value outcomes.