Cross-sector consultation is helping to put social value on the table
By Flora Samuel
These new initiatives are important steps on the journey towards outcomes-based procurement. All now depends on their reception from clients
In December the Construction Innovation Hub published its framework for Procuring for Value. This digital platform has a high level of industry backing and therefore seems set to dominate the scene very soon.
It provides a necessary step on the journey towards outcomes-based procurement, sometimes referred to as value-based procurement. The team shares responsibility for value so it makes sense that it also shares responsibility for insurance - and a move towards integrated project insurance might be one solution to the current crisis around escalating professional indemnity costs.
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