Plan Your Procurement: How LHC's New Social Value Strategy Supports Your Goals
As we start the year, many public sector organisations like yours have been allocated budgets and are turning their attention to procurement planning for the year ahead. This is the perfect time to consider not just your projects, but also the wider impact your spending can have. At LHC, we’re here to help you deliver compliant, cost-effective projects that also create lasting social, economic, and environmental value for your communities.
We are excited to share that we have launched our comprehensive Social Value Strategy, designed to make it simpler and more effective for you to meet your duties and deliver meaningful local outcomes. Here’s what it means for your upcoming procurement plans:
1. Social value built in
Our frameworks embed social value from the outset. This means you don’t need to design approaches from scratch; our frameworks already support delivery in line with legislation and best practice, saving you time and resources.
2. Confidence in compliance
Our strategy aligns with the Social Value Act and the Procurement Act 2023. You can proceed with confidence that your procurement will support statutory obligations and priorities.
3. Tailored to local priorities
Our approach is flexible and regionally led. Whether your focus is on skills, employment, wellbeing, or decarbonisation, social value outcomes can be tailored to what matters most in your community.
4. Delivering more
Through our frameworks, we actively support SME engagement, local supply chains, skills development, and environmental sustainability. Your projects will deliver more than assets; they’ll help build resilient local economies and more sustainable communities.
5. Investment back into communities
As a not-for-profit, we reinvest our surplus into our Community Benefit Fund. This means your procurement spend can help unlock additional funding for grassroots community projects, extending legacy benefits beyond the contract.
6. Practical support & guidance
We provide tools, training, and support to help you set meaningful social value expectations and assist suppliers in delivering achievable outcomes. This reduces the burden on your teams and improves the quality of delivery.
7. Clear measurement & reporting
We’re strengthening how we measure impact using recognised methodologies, giving you greater confidence in evidencing outcomes, demonstrating accountability, and proving value for money.
8. A true partnership
You’re not just buying a framework, you’re working with a partner. We collaborate with our clients, suppliers, and regional experts to ensure long-term impact.
9. Meeting future challenges
Our strategy helps you address long-term priorities like skills shortages in the built environment, the transition to net zero, and inclusive growth, turning procurement into a strategic tool.
10. Improving lives and places
At its core, our mission is to ensure every pound of public money delivers wider benefit. With LHC, your procurement can demonstrably improve outcomes for people, places, and the planet.
Start your planning with us
As you outline your procurement strategy for the coming year, consider how to seamlessly integrate social value to maximise your community impact. Let LHC’s frameworks and expert guidance simplify the process.
Get in touch with our Client Support Team today to discuss your upcoming procurement and how to easily embed social value into your projects.
Learn more about our Social Value Strategy.