Social Value Portal
Our mission is to engage, enable and empower people and organisations to work together in the pursuit of social, economic and environmental wellbeing.
Who they are
We’re Social Value Portal. The social impact company that prevents ‘greenwashing’ and sets tangible action.
We bring rigour to the way you measure, manage, and report social value. And help you to prove exactly how your organisation, and suppliers, are making a difference in communities.
Ensuring social value is embedded within your organisation, in a way that’s consistent, transparent, accurate and effective is what we love to do. And that’s because we live it – our own business is built so that we’re set to deliver our own social value where we can. And we’ve pledged to work with our customers to deliver £100 billion of social value by 2025.
What they do
Online portal built for social value
Social Value Portal is helping Lancashire County Council to procure, measure, manage and report social value via a single, easy to use, adaptable platform. As well as supporting the evaluation, Social Value Portal will help the successful tenderers to validate their data and report back to Lancashire County Council.
Setting standards in the market
What you can measure, you can manage and multiply. That’s why we developed the respected National Themes, Outcomes and Measures (TOMS) framework. Endorsed by the Local Government Association (LGA), it’s used by very many public sector organisations across the UK. Compatible with all major Environmental, Social and Governance (ESG) frameworks, it’s also in use within global supply chains, and countless private sector suppliers. Our data-driven approach lets organisations procure, measure and report social value operationally, in a way that’s consistent, collaborative and transparent
Management costs
Whilst the Council will provide a portal, free of charge, for all Tenderers to use as part of their proposal, the ongoing contract management will be jointly funded between the Council and the successful Tenderer. Below is a breakdown of the annual fee, based on the total initial contract value, that the successful Tenderer will pay to the Social Value Portal per contract;
| Total initial contract value | Less than £250k | £250k to £3.35m | Greater than £3.35m | |||
|---|---|---|---|---|---|---|
| Contract year | Year 1 | Year 2 onwards | Year 1 | Year 2 onwards | Year 1 | Year 2 onwards |
| Annual fee (excluding VAT) | £750 | £500 | 0.2% | 0.15% | £7,500 | £5,000 |
This annual fee supports the successful Tenderer with;
- An online account with Social Value Portal to allow contract management and project reporting, showing progress against targets
- Technical support with data entry (e.g. access and functionality issues)
- Verification of data and evidence to satisfy requirements
- End of contract summary report
By submitting a tender response, the successful Tenderer(s) agrees to the Social Value Portal contractual term. The latest version of these terms is available here.