Can the Social Value Exchange be supported by a scalable and interoperable system?
The Social Value Exchange matches government suppliers with community organisations: the former compelled by law to give resources to local communities; the latter needing resources to deliver projects to help local people. We use market design to optimise user outcomes. We can leverage £210bn of public contracts each year to maximise resources for communities, hitting the sweet spot: maximising resources for communities at a fair price for suppliers to pay for their Social Value obligations.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.
Firesouls virtual currency design project
Firesouls is building a virtual local currency. The currency provides the 'liquidity' for the Social Value Exchange, an online market that brings together government suppliers and local community based organisations to maximise Social Value.
Development of the Firesouls platform - an online, closed bid Social Value auction
Firesouls aims to provide all UK government organisations with a software-as-a-service
(SaaS) auction platform that generates new resources for local communities.
It does this by applying the Social Value Act to government procurement. Under law,
government suppliers can be obliged to create extra community benefits as part of the
procurement process. The Firesouls platform provides a means of both maximising the
benefits for communities while at the same time keeping the supplier contract viable.
Currently, take up and application of the Social Value Act has been low. For example, only
15% of local councils have developed an approach. Those that have tend to evaluate on a
contract by contract basis to generate community benefits This is labour intensive, costly and
inefficient. The Firesouls platform offers an online, automated auction platform that both
takes the pain away from government procurement teams, and allows market forces - through
matching 'Social Value buyers and sellers' - to determine the proper amount of community
benefit to be drawn from government contracts.
At a time of severe public spending cuts and growing demand for local public services,
Firesouls offers a way to generate new resources for local communities, year on year. We also
allow suppliers to focus on delivering the contract - we ask suppliers to give the resources to
local communities to create Social Value, rather than the suppliers doing it themselves. Our
argument is that suppliers should supply government services, local community organisations
should deliver Social Value - they just need the resources to do it.