The Impact Evaluation Standard is used for social value measurement and reporting. It directly encompasses the UK government’s Social Value Model which was created to support the deployment of Procurement Policy Note 06/20 – taking account of social value in the award of central government contracts.
The purpose of the Impact Evaluation Standard in public procurement is to make the deployment of and adherence to PPN06/20 easy, transparent and consistent for both Contracting Authorities and Suppliers. Using the Impact Evaluation Standard ensures credible and consistent quantification of social value.
It is maintained by a consortium of social value advisors, overseen by an independent steering committee of experts and used to report into over 32+ contracting authorities and government departments.
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