Procurement: Social Impact Bonds

(asked on 13th March 2019) - View Source

Question to the Cabinet Office:

What plans he has to use social impact bonds in Government procurement.


Answered by
Oliver Dowden Portrait
Oliver Dowden
Shadow Deputy Prime Minister
This question was answered on 13th March 2019

On Monday, I spoke at the Social Value Summit, where I outlined our commitment to recognising social value in major government procurements. Social Impact Bonds, which this Government has pioneered since 2010, are an important part of our commitment to social value, and we encourage contracting authorities to use them in public procurement wherever appropriate.

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