Social Value
Transforming your Community Impact
Social Value: A Game-Changer in Bidding
Social value has emerged as a critical factor, fundamentally changing how contracts are won and delivered. At BidVantage, we're at the forefront of this revolution, helping our clients navigate and excel in this new terrain.
What is Social Value?
Social value represents the additional, tangible benefits an organisation commits to deliver beyond the primary scope of their service or product. It's about:
Creating positive impacts on local communities
Fostering environmental sustainability
Promoting economic growth and social well-being
Demonstrating corporate responsibility and ethical practices
Why Social Value Matters
Competitive Edge: In public sector bids, social value can account for up to 10% of the evaluation criteria.
Regulatory Compliance: The Social Value Act 2012 requires public sector organisations to consider social value in procurement decisions.
Brand Enhancement: Demonstrating social value improves your organisation's reputation and stakeholder relationships.
Long-term Impact: By delivering social value, you contribute to sustainable community development and environmental protection.
The BidVantage Approach to Social Value
We understand that articulating and delivering social value can be as challenging as it is rewarding. Our approach is designed to help you:
Align with Your Ethos: We help you develop social value propositions that resonate with your organisation's values and the community's needs.
Quantify Impact: We assist in measuring and presenting the tangible benefits of your social value initiatives.
Innovate: We guide you in developing creative, impactful social value strategies that set you apart from competitors.
Integrate: We ensure your social value proposition is seamlessly woven into your overall bid strategy.
Why Choose BidVantage for Social Value?
Expertise: Our team has extensive experience in developing winning social value propositions across various sectors.
Proven Track Record: We've helped secure over £100 billion in contracts, with social value playing a crucial role in many wins.
Tailored Approach: We craft strategies that are unique to your organisation, your sector, and the specific contract requirements.
Continuous Innovation: We stay ahead of social value trends and best practices, ensuring your bids always meet and exceed expectations.
Our Social Value Services
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Social Value Bid Writing
Our Social Value Bid Writing service is designed to help you weave a compelling narrative around your social contributions, ensuring they resonate powerfully within your bids. We focus on:
Tailored Messaging: Crafting bespoke content that aligns your social value initiatives with the specific requirements and ethos of the tendering authority.
Impactful Storytelling: Highlighting your social contributions through engaging narratives, case studies, and evidence-based outcomes.
Compliance and Creativity: Balancing the need to meet tender requirements with the creativity to stand out, ensuring your social value proposition is both compliant and compelling.
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Social Value Training
Knowledge is power, especially when it comes to understanding and implementing social value. Our Social Value Training programmes are designed to equip your team with the insights and skills needed to integrate social value into your business and bidding strategies effectively. Our training covers:
Understanding Social Value: An in-depth exploration of what social value means, its importance in procurement, and its impact on society.
Practical Implementation: Guidance on how to identify, develop, and communicate social value initiatives within your organisation and bids.
Interactive Workshops: Engaging sessions that encourage participation, discussion, and practical application of social value concepts.
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Social Value Governance
Creating a robust framework for social value within your organisation is crucial for consistent and impactful delivery. Our service in Social Value Governance and Structures helps you establish the right policies, procedures, and oversight mechanisms to ensure your social value commitments are met. This includes:
Policy Development: Crafting or refining policies that embed social value into your organisational ethos and operations.
Structural Integration: Advising on how to integrate social value considerations into your decision-making processes and corporate structure.
Monitoring and Reporting: Setting up systems to measure, monitor, and report on your social value activities and their impact.
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Social Value Development Support
Developing and sustaining impactful social value initiatives requires ongoing support and expertise. Our Social Value Development Support service provides you with the guidance and tools needed to not only initiate but grow your social value contributions. We focus on:
Initiative Ideation: Assisting in brainstorming and developing innovative social value initiatives that align with your business objectives and community needs.
Partnership Building: Advising on how to establish and nurture partnerships with local communities, NGOs, and other stakeholders for collaborative social value creation.
Long-term Strategy: Helping you create a sustainable, long-term strategy for social value, ensuring ongoing relevance and impact.