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Impact Evaluation Standard to be used by HMRC to assess social value
The Impact Evaluation Standard (IES) will now provide HMRC with the ability to ensure suppliers' social value commitments are evaluated correctly when evaluating bids and ensure suppliers are upholding the social value commitments which were evaluated when the contract was awarded.
Support for public sector bodies struggling to embed the PPN06/20 Social Value Model
Neil Macdonald, CEO at Thrive, explains how using the Impact Evaluation Standard to report on social value in government contracts can actually lead to far better outcomes for communities and for suppliers.
