Housing organisations and local authorities must demonstrate the effectiveness of their Value for Money strategies and assessment methodologies, as well as how they are to demonstrate Social Value or Social Return on Investment (SROI).
At BDA's conference you will learn three VFM Continuous Improvement techniques and methodologies:
- Procurement planning (looking at the right things) and Improving procurement (buying things better)
- Lean process optimisation
- How to incorporate SROI techniques so they are fully meshed in (1) and (2) and included in each VFM review, to ensure that both initial baseline assessments and completed reviews are assessed for SROI values as well as costs and quality, prior to decisions being taken to change processes and procurement contracts.
Chris White M.P, a keynote speaker will introduce his Public Services (Social value) bill. This will require certain public authorities at the pre-procurement phase of procuring services to consider how what is being procured might improve the economic, social and environmental well-being of an area and how the authority might secure that improvement in the procurement process itself. There is also a requirement that authorities consider whether to consult on these matters.
Chris White, MP states: "My bill will be a strong message to commissioners that they should look at measurement tools such as SROI in order to better appreciate the benefits that can be gained by communities through smarter commissioning of services, goods and works.
"Commissioners are part of our communities too, and there is a lot of work going on around social auditing and SROI which will help give commissioners the tools necessary to absorb the provisions of the bill and innovate appropriately.
"It is important that social value is included in as many contracts as possible. My bill is aimed at practically supporting socially responsible business practices. This is a step on a journey and I believe that the sector should be commended for taking a long term view of the benefits of this bill and not taking the view of 'all or nothing".
Another Keynote speaker Mick Warner from the TSA will explain what the new economic regulation means the changes to the VFM standard.
Yvonne Atkinson, Director of the Board Development stated: "Our Conference on the 9 February in Birmingham, not only looks at Value for Money and ways for organisations to make savings in services and procurement, but also helps organisations to evaluate their social impact and make changes to help increase their social potential."
Places are selling out fast, so book a place while you can!
The conference will take place at the Copthorne Hotel in Birmingham on the 9 February 2012.
The cost of attendance is £185 + VAT; however there is a 5% discount for the National Association of Governance Officers.
To book your place at the conference email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
