City Research Online

Abstract

Social value creation is an expectation from publicly funded projects. This article observes that the measurement of social value is essential for many purposes and organizations and that there are multiple measurement options, all lacking consistency and standardization. The authors show that the sentiments expressed in a broad range of literature on the subject of social value measurement are consistent with experience at a practical level and they propose some practical solutions to current problems.

Publication Type:	Article
Additional Information:	© 2025 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.
Publisher Keywords:	contract tendering; corporate social responsibility (CSR); dynamic; impact measurement; public procurement; social value measurement
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory
Departments:	School of Science & Technology School of Science & Technology > Department of Engineering
SWORD Depositor:	Symplectic Administrator

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