What is social procurement and why is it important?
Social procurement refers to the generation of social value through purchasing and procurement processes. In other words, social procurement is another way that public bodies can achieve their social objectives (alongside more traditional approaches to achieving these objectives).Social procurement ensures that public sector purchasing decisions incorporate consideration of social
value and are thus able to build real ‘triple-bottom line’ value propositions into procurement processes. Generating social value within public procurement processes is increasingly internationally recognised as a key way in which governments can ensure that their purchasing power maximises opportunities to generate positive outcomes and benefits for the people and communities they serve.
Social procurement offers public sector bodies a way to build and sustain stronger communities, promote social inclusion and break cycles of disadvantage, and strengthen local economic development.
See the Social Procurement and Economic Participation Regional Forum- Program (337.52 KB) for more information or go to http://www.socialenterprises.com.au/social-procurement