| How commissioners can use SROI to achieve better results. Good commissioning requires many factors to be taken into account at each stage of the commissioning process in order to achieve regulatory and policy aims, including value for money and reduced inequality. With increased attention on commissioning there is a growing appetite for commissioners to understand and manage the effects
of commissioned services.
on value for money,including aspects such as considering “wider costs and benefits” prior to procurement in a way that is
manageable and proportionate. The supplement is designed to be read in conjunction with A guide to Social Return on Investment1. |
Social Return on Investment (SROI) is a practical tool that helps commissioners focus on the impact of their decisions. Its use can help commissioners to demonstrate and improve their contribution to important policy objectives including meeting the needs
of end-users and other stakeholders. Indeed, its use can help commissioners to ensure they fully meet the principles and guidance |
This supplement highlights some of the issues around the links between SROI and current commissioning policy. It then explains how SROI can be used by commissioners to achieve more social value from commissioning, or if they are approached with existing SROI analyses by (potential) suppliers. |