The ‘Social Value Benchmarking Study’, has been published which evaluated the reported outcomes from a sample of over 1,400 projects from the construction sector completed over the past seven years and ranging in size from around £10,000 to over £1.4 billion.
…aggregate Social and Local Economic Value….was over 24%…
The Social Value Portal writes:
This benchmarking study evaluated the reported outcomes from a sample of over 1,400 projects from the construction sector completed over the past seven years and ranging in size from around £10,000 to over £1.4 billion. We identified that the aggregate Social and Local Economic Value (SLEV) reported as a percentage of the reported project construction cost was over 24%.
This research has been led by Nathan Goode, Social Value Portal’s Head of Data and Analytics, Johnny Roscoe, Performance Coordinator at Scape Group, and Alison Ramsey, Social Value and Performance Manager at SCAPE.
Social Value Portal has been working in partnership on this project with SCAPE, the UK’s leading procurement authority that offers a suite of direct award frameworks, property services and innovative design solutions.
