Impact Assured: a new way to evidence value

Impact assured logo

The ‘Impact Assured’ Mark provides independent assurance of an organisation’s social value claims.

Under the new Public Procurement Act, there is greater onus on suppliers to be transparent. Local Authorities must also show they have applied due diligence when making purchasing decisions.

To be ‘Impact Assured’, suppliers are audited in line with contractual obligations, verified evidence, and compliance with the Public Procurement Act 2023.

Suppliers are asked to:

  • Provide robust and verifiable evidence of their social value delivery, such as employment records, community investment reports, or environmental impact assessments.
  • Pass an independent review of all data and claims submitted, ensuring compliance with procurement regulations.
  • Demonstrate alignment with approved social value measurement frameworks and reporting platforms.

The service for Local Authorities

Social Value Quality Mark CIC also works with authorities to conduct audits at key intervals across the contract lifecycle or as required.

  • At the point of tender assessment – To assess whether historic claims are accurate and to ensure future plans are robust, compliant, measurable and realistic.
  • Annually: To monitor ongoing progress, identify potential issues, and maintain compliance.
  • End of contract: To assess the overall achievement of social value commitments and evaluate the long-term impact of initiatives.
  • Ad hoc: To address emerging risks, concerns, or significant project changes that require immediate attention.

The resulting independent report highlights successes, identifies areas for improvement, and provides a pathway for suppliers to continuously improve their social value contributions.

Action plan for underperformance

In cases of underperformance, the audit also includes the creation of an action plan to address gaps and drive improvement. The plan outlines specific, measurable steps for suppliers to resolve barriers, implement corrective actions, enhance processes and improve reporting.