Published: 27th Mar 2019

A major new piece of collaborative research to explore social value in construction has been launched by the Institute of Economic Development (IED). The economics and regeneration body will work with Arup, Atkins, Joseph Rowntree Foundation, Commonplace, Construction Industry Training Board (CITB) and Civil Engineering Contractors’ Association (CECA) North West, to gather insight on what social value is being delivered by construction and related businesses, and uncover the challenges to improving social value outcomes. This study is intended to shed light on progress within the industry since the formation of the Social Value Act in 2013, which encourages contractors delivering works for commissioning authorities to produce a range of additional outcomes as part of their contract which benefit society and secures the best value from the public money being spent and more inclusive growth. Social outcomes can range from training and employing the long-term unemployed and people with convictions, to … (To read the full article, subscribe below)