Creating Social Value through Procurement and Asset Management
All contracts procured through CHIC are required to deliver social value outcomes at a minimum of 1% of their annual turnover. CHIC will monitor and support all contracts where social value contributions will need to be made clear at tender stage, which can be delivered in several ways.
CHIP supports CHIC, a not-for-profit member owned consortium, which works collaboratively to deliver efficiencies through procurement and commercial support, ensuring tenants have safe, decent homes to live in.
One of CHIC’s objectives is to ensure that all contractors, consultants and suppliers procured through CHIC, delivering services for CHIC’s members, show a commitment to social value.
All CHIC procured contracts will need to demonstrate the delivery of added Social Value by having a positive impact on:
Social & Community Wellbeing
Health & Wellbeing
Crime & Justice
Education & Skills