Responsible procurement
This is the process where we fulfil our needs for goods, services and works in a way that achieves benefit to us in terms of value for money on a whole life basis. At the same time, we aim to provide additional benefits to society, the economy and the environment.
Lambeth will take this approach to maximise additional benefits that can be created through the delivery of goods, services, and the completion of works, above and beyond those directly related to the delivery of those arrangements. It particularly relates to The Public Services (Social Value) Act 2012.
The policy sets out the general principles that we will follow for all procurement and commissioning activities in excess of £100,000. It ensures that these activities focus on the delivery of value for money, as well as meeting the needs of residents and achieving additional economic, social and environmental benefits for them.