Introduction to Wellbeing Valuation for contractors (Manchester)

Are you a contract manager or bid writer for an organisation working with the housing sector? Have you considered HACT’s approach to social impact measurement when responding to tenders, but need support to embed a consistent methodology to evidence your achievements? This masterclass focuses on the practical steps that will prepare you to embed social impact measurement.

Working in partnership with Towers & Hamlins and echelon Consultancy, HACT has developed a social value and procurement toolkit covering the life cycle of procurement, from scoping through to tender evaluation, mobilisation, contract management and reporting. 

This workshop will introduce you to the toolkit and take you through HACT’s Wellbeing Valuation Approach, with a detailed look at practical steps necessary to embed social value successfully throughout each stage of the procurement process.

This workshop will help you to:

  • Understand the background to social value measurement and the Wellbeing Valuation Approach;
  • Identify and prioritise social value outcomes when responding to tenders;
  • Identify what to measure and how to collect any necessary data;
  • Use the Social Value Bank (via the Value Calculator or Value Insight) to develop your response to social value requirements within your tender;
  • Demonstrate social value achievements against targets using a systematic approach;
  • Maximise the social value you can report as a contractor; and
  • Understand responsibilities for reporting on the social value generated.

Who should attend?

This masterclass is aimed at Contractors working with the housing sector who aspire to successfully incorporate social value in response to tenders, evaluation against targets and in reporting. Training assumes no prior knowledge of social impact and is suitable for those new to social value or those experiencing challenges in implementing it within tenders, as well as measurement or reporting of social value more broadly.

Who delivers the training?

The Masterclass is delivered by HACT staff, including the Social Value Advisers who are experts in Wellbeing Valuation and have worked with housing providers of all shapes and sizes to develop robust and systematic procedures for embedding social value within their business.

Further information

This training is based on HACT’s Social Value and Procurement Toolkit supported by HACT’s Wellbeing Valuation Approach and associated guide, Measuring the Social Impact of Community Investment: A Guide to using the Wellbeing Valuation Approach, to be used in conjunction with HACT’s Value Calculator and Practice notes. For further information please see HACT’s publications. A copy of the Guide will be provided for all masterclass participants.

For more information on the toolkit, please get in touch with or

Like the sound of this training, but want a bespoke session on social value or a private masterclass for your colleagues? Get in touch with for more information.

Cost: £225 per person, lunch included

Register now, as masterclasses are limited to 15 attendees per session!

Wednesday 28th September 2016 - 10:00 to 15:00
Event price