Social Procurement definition

Social Procurement means using the government’s purchasing power to generate social benefits, adding value to procurement outcomes and supporting supplier and workforce diversity.
Social Procurement means the University’s resolve to consider cultural, economic, ethical, and social values, and environmental outcomes in the procurement process.
Social Procurement means using procurement processes to generate positive social outcomes which may include job creation, training, or apprenticeships for a historically disadvantaged community, or reducing carbon emissions, in addition to the efficient delivery of goods and services, and may include other benefits as defined by the local community or the Region;

Examples of Social Procurement in a sentence

  • The Recipient will deliver the Project in accordance with any agreed Social Procurement Objectives detailed in Schedule 4.

  • Social Procurement Framework (SPF) Invitees should note that social procurement commitments may form an important component of the offer and may be included in the contract, together with specific reporting obligations associated with delivery of the commitments.

  • For example, a successful Bidder may propose a Social Procurement Commitment, but it is unclear how performance will be measured.

  • In case of delayed payment and failure of supply of the goods with no reasons, the Buyer is to pay a penalty at a rate of 0.1% for each delayed day after the value of the loaded goods, but not more than 3% of the total sum of the contract.

  • For a prospectus, please contact Investor Relations at (▇▇▇) ▇▇▇-▇▇▇▇.


More Definitions of Social Procurement

Social Procurement means using procurement as a tool to generate social, economic and or environmental benefits beyond the goods and services required.
Social Procurement means the Centre’s commitment to source goods and services from vendors that reflect the Centre’s values, following the social procurement framework outlined in the Centre’s procurement policies and procedures; and
Social Procurement means a strategic approach to meeting social and economic objectives throughout procurement using procurement processes and purchasing power to generate positive social and economic outcomes in addition to the delivery of efficient goods, services and works.
Social Procurement means the achievement of strategic social, economic, and workforce development goals through the process of purchasing Goods and/or Services.
Social Procurement means very purchase has a social, economic, cultural, and environmental impact. Social procurement is about using your existing purchasing to capture those impacts to achieve overarching institutional, governmental, or individual goals that helps shape inclusive, vibrant and healthy communities.
Social Procurement means using existing purchasing power to create social values, such as supporting equity-seeking groups, creating economic opportunities for local communities, advancing diverse cultures, and enhancing social inclusion.
Social Procurement means a procurement practice that seeks to achieve positive social value outcomes such as social, economic, environmental, and cultural benefits.