Warwick and Leamington MP Chris White praised the role of the Coventry and Warwickshire Local Enterprise Partnership (CWLEP) in ensuring positive steps have been taken in the first 12 months of the Social Value Act.
He introduced the Act as a Private Members Bill which became law on January 31, 2013 and it means for the first time public organisations such as local authorities have to consider social value ahead of procurement.
This gives voluntary organisations, social enterprises and SMEs a greater chance of winning contracts that are put out to tender by councils since the economic, social and environmental well-being of the area has to be considered and not simply the financial cost.
“The CWLEP has an important role to play in making sure the Social Value Act is a success in this area,” Mr White said.
“If the social and environmental aspects of an area are moving forward in the right direction then that is good news for the local economy because of the positive knock-on effects.
“As we know, the CWLEP is focused on boosting the economy and creating jobs and we need to have the right conditions for that to happen which is where the Social Value Act has an important role to play.
“If the values behind the Social Value Act are achieved then employment will follow which means it is a very important tool in providing some of the services which are looked after by local authorities.”
Amrik Bhabra, chairman of the SME Business Group of the CWLEP, said the Social Value Act was a meaningful and important piece of legislation.
He said: “The CWLEP is happy to support the Social Value Act which is a cultural change for those making decisions when awarding contracts.
“It is in everyone’s interests if we have a process which is more socially and environmentally aware because it will have an encouraging impact in the local community in which we live and work.
“It is important we continue to push the positive messages of the Social Value Act so that it makes a real difference when contracts for public services are put out to tender.”