Date 6 Mar 2018
Time 10 a.m. - 11:30 a.m.
Social Impact Bonds (SIBs) present a number of challenges to traditional contracting processes. SIBs often focus on complex social issues, involve multiple stakeholders, and involve a high degree of innovation. This has prompted many in commissioning authorities to raise questions about how to procure within a SIB structure without falling foul of the law.
While the doctrine of the open tender can feel difficult to break way from, it is not the only way to get best value. And there is more flexibility within procurement regulations than many people realise, particularly with the 2015 changes. A variety of different approaches are available to help commissioners and procurement teams run a process that achieves best value without undermining the ingredients that make SIBs successful.
This webinar will look at the different ways that SIBs are developed, and the challenges these have raised for different commissioners and suppliers. It will discuss how different procedures now available under EU rules can be used to surmount these issues. It will tackle issues such as:
Bringing to life some of the content from the GO Lab’s Technical Guide to Procurement, the session will look to answer as many questions we can manage from those submitted in advance of the webinar, and, if possible, some raised during the webinar itself.
The webinar will be led by Andreea Anastasiu from the GO Lab with Jo Blundell from Future Public (formerly the Interim Deputy Director of the GO Lab) and by Julian Blake of Stone King LLP, a specialist contracting and procurement lawyer.