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VALUE RESEARCH AREAS

In economists’ terms, ‘value’ addresses positive and negative externalities. It is a way of thinking about how scarce resources are allocated and used. It involves looking beyond the price of each individual contract and looking at what the collective benefit to a community is when a public body chooses to award a contract.
Increasingly central to the public procurement process, social and intangible value is rightly being evaluated in many areas of government activity and policy making.

Economics and Capability

Education and Arts

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Health and Social Welfare

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Housing and Planning

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Environment and Energy

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Technology Policy

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Government and Politics

Law and Regulation

Procurement Policy and Process

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