The Institution of Civil Engineers R&D Enabling Fund and Useful Projects co-funded this major research report, ‘Maximising Social Value From Infrastructure Projects’.
With significant infrastructure investment planned for the UK, matched with severe socio-economic challenges across the country, amplified by Covid-19, there is now more need than ever for infrastructure projects to create additional social value over their lifecycle and help to re-build local economies.
The research shows that while many infrastructure clients and contractors have social value policies and objectives, there is a significant implementation gap between policy and delivery of meaningful and beneficial social value in practice.
This research examines the scale and basis for the implementation gap. Through engagement with the industry, it identifies how the gap can be closed with specific recommendations for all those responsible for the funding, design, delivery and operation of infrastructure projects.
The report includes:
- 8 cross-cutting findings
- Implementation gaps over the project lifecycle, and how these can be addressed
- Case studies
- A new Social Value Maturity Model for the infrastructure sector
It is incumbent on all of those involved in infrastructure planning, investment, design, delivery through to operation and decommissioning to take forward the findings of this research and ensure that the creation of additional social value is at the heart of infrastructure delivery and operation.