Categories: Industry News, Pagabo News
We'll be back bigger and better, hosting ‘The Future of Social Value’ pavilion at the heart of the UK Real Estate Infrastructure and Investment Forum (UKREiiF) with our colleagues from Loop.
UKREiiF provides that melting pot of ideas and passion, bringing together thousands of people from all corners of the construction and built environment sector from all over the country. Throughout the three days, our pavilion will play host to a series of social value focused talks centring around our key mission; making sure that the procurement processes of tomorrow are truly integrated with social value practices.
Jason Stapley, Chief Procurement Officer, said: “We need the industry to move towards MAT (Most Advantageous Tender) principles that embrace proper social value. Just like we are well versed in talking about lowest cost versus best value for project budgets, we have to apply the same thinking to social value – properly embedding it from the outset of any procurement process to truly deliver the best we can for communities.
“For us, social value is a key part of the procurement function – and we believe there needs to be a more weighted balance and objective evaluation of price and quality. This is reflected by 40:60 price to quality ratio – and we expect to see the quality percentage rise further in the future with this quality-led focus. It’s also why we provide free access to Loop's social value software for all clients and suppliers procuring works through any of our frameworks.
“Together with our colleagues across The 55 Group and our wider ecosystem, we’re on a mission to bring together best practice and legislative knowledge with the network and skills to evaluate, procure, manage and learn to drive the future of construction.
“High-quality frameworks and highly skilled individuals have a role to play in all this. Our experts, solutions and services take the heavy lifting out of the process, making sure that client procurement teams get the very best for what they need. This allows them to focus on the results and outputs, without worrying about the process.”
Visitors to the pavilion will also be able to engage with experts from across The 55 Group’s wider network, with the ability to discuss anything around procurement, social value measurement, and contract, asset and risk management.
Tuesday 16 May
Wednesday 17 May
Thursday 18 May
To kickstart the week, the afternoon before the conference (Monday 15 May) will see us hosting the second annual Feelgood Games, which has been revamped and expanded to be more inclusive than ever.
Moving to the John Charles Centre for Sport will see the return of the obstacle racecourse along with a wellness village, which will host a number of other activities, spectator zones and a post-event awards ceremony.
The event continues to raise money for the Pagabo Foundation, which in turn funds vital mental health resources and provision for the wider industry. The inaugural Feelgood Games raised more than £31,000, which has directly funded mental health first aid training courses, providing free access to training vital to supporting the wellbeing of people across the sector.
Register your interest in the Feelgood Games today: